Category archives for: Business

Crude oil prices down in Asia

After witnessing the ‘price increase’ trend, the crude oil prices observed a declining trend today. According to the details, the New York’s main contract, for the delivery of light sweet crude for the month of August, shed 53 cents to $ 92.13 a barrel. Brent North Sea crude for delivery in September slid about 38 […]

Pakistan’s foreign exchange reserves stand at $ 14,939.5mn

Karachi: (Thursday, July 19, 2012) Pakistan’s total foreign exchange reserves, as per State Bank of Pakistan, stood at US $ 14,939.5 million on the week ending on July 13, 2012, said the sources at Bank here today.   Out of these total forex reserves, those held by the central bank were $ 10,501.6 million, while […]

FY 2011-12; Pakistan’s current account deficit increase

Islamabad: (Tuesday, July 17, 2012) Pakistan’s current account deficit has increased to $ 4.52 billion in the fiscal year 2011-12 ending in June this year. Eleven months ago, the current account deficit stood at $ 3.93 billion, confirmed sources at State Bank of Pakistan here today. Contrary to the current dismal fiscal stats, the bank […]

Crude goes down in Asia

Singapore: (Monday, July 16, 2012) After slight improvement in the week ending on Friday, the oil prices in the Asian markets are again witnessing a down turn trend. And this time, the main reason behind the decrease in oil prices is Saudi Arabia and United Arab Emirates decision to open crude pipelines bypassing the Strait […]

Karachi Stock Exchange 100-index gains 52 points

Islamabad: (Monday, July 16, 2012) The Karachi Stock Exchange (KSE) 100-index benchmark rose 52.29 points or 0.36 points to close the market at 14,384.58 point. With this increase, the total volume of shares traded today remained at 55.40 million. Although the main stock market observed a positive trend today, but on a whole, the buyers, […]

USA looks forward to make sanctions on Iran more stringent

The United States, who is striving to keep Iran from developing its nuclear programme, has decided to add up to its sanctions on the country that is already ailing from the financial and business sanctions. According to the press brief issued by the US state department, “One set of today’s actions targets Iran’s nuclear and […]

Crude oil prices up in Asia

Singapore: (Wednesday,  July 11, 2012) The price for crude oil in Asian markets have gone up as the bargain hunting traders expressed greater interest for buying following an overnight price slump that was sparked by the end of a Norwegian oil workers’ strike. According to the details, the New York’s main contract, light sweet crude […]

Amir Khan: I want to answer Danny Garcia father’s accusations in the ring with my fists

Amir Khan, the current World Boxing Organisation number three light welterweight, commented that he will not cross the limits imposed on him by his profession, adding that he will not retaliate to Danny Garcia’s father and will answer all his accusations in the ring with his fists. British number one light welterweight Amir Khan is […]

Hopes for Better Ties with the US: KSE Ends Up

Karachi: (Monday, July 02, 2012) As volatile as ever to the news about Pakistan’s international relations, particularly with the US, the Karachi Stock Exchange exhibited an increasing trend mainly due to the hopes for improved ties with the United States in the near future. Sharing details over the market activity today, a dealer said that […]

Amir Khan has the ability, charisma and talent to nail Danny Garcia via unanimous decision

Amir Khan is being pronounced far and wide by renowned names in the sport of boxing as the winner of the upcoming epic clash between two titans of the light welterweight division. Whatever the outcome of the bout is, one thing is for sure Khan is supported and praised by almost all for his pugilism, […]

New entertainment company Eye of the Hurricane starts in July

New entertainment company Eye of the Hurricane starts in July With effect from 1st July, based in Baarn, Eye of the Hurricane started. This entertainment company brings different, mainly music related, disciplines under one roof. Eye of the Hurricane is caused by a combination of forces and expertise of Roadstar Agency of Maurice Kroon, FireFly […]

Ex-spokesman of David Cameron arrested

Ex-spokesman of David Cameron arrested Andy Coulson, the former communications director of the British Prime Minister David Cameron, has been arrested on suspicion of perjury. He would appear as a witness in a trial in Glasgow in December 2010 under oath of false misrepresentation. Ministry informed that the Scottish public was with him. Coulson is […]

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