Pakistan may go for IMF assistance: Governor SBP Karachi: (Tuesday, May 29, 2012) Yaseen Anwar, Governor State Bank of Pakistan, in an interview to ‘The Wall Street Journal’ said today that Pakistan may have to return back to the International Monetary Fund (IMF) finance assistance to cope with its persistently unsustainable macroeconomic situation. Anwar was […]
May 29 2012 | Posted in
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Japan and China said Tuesday they will begin direct currency trading this week, marking the first time Beijing has let a major unit other than the dollar swap with the Yuan. The move, which will scrap the US currency as an intermediary unit, comes as China introduces measures as part of a long-term goal to […]
May 29 2012 | Posted in
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(Reuters) – Opera Software shares soared over 20 percent on Tuesday on talk Facebook Inc. was in discussion to buy the firm, while analysts said competition from Google and others could push the price tag of any deal over $1 billion. Shares of Oslo-listed Opera, coveted for its advanced mobile phone software technology, jumped as […]
May 29 2012 | Posted in
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India willing to lay pipeline to further its oil export to Pakistan Monday, May 28, 2012: India has offered to build a pipeline from its territory to the Wagah border for export of oil to meet all needs of Pakistan, considering Delhi is assured purchases in large quantities over the long run. If such a […]
May 29 2012 | Posted in
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Pakistan Economy: KSE ends bullish; rupee hit new low against dollar Karachi: (Monday, May 28, 2012) The Karachi Stock Exchange (KSE) witnessed bullish trend today with cement and fertilizer sectors attracting most of the new buyers. Amid this positive trend, the market closed at 14,000 points. Driven by the increased buying, the KSE 100 index […]
The Facebook went public on May 18, last Friday and over the period of six days a lot has happened. At the close of business at Nasdaq, FB was trading at $32.05 a share. The stock was made open for the public at the book value of $38 a pop. This is a huge loss […]
May 26 2012 | Posted in
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Advertisements on a social network is completely understandable and very consistent for the likes of LinkedIn and Facebook. However, that is the only ‘business’ that Facebook does to date other than charging third-party app developers like Zynga. Though advertisements on Facebook have been embraced by many marketers all over the world, but it is still […]
May 26 2012 | Posted in
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These are all the plans that the company could come up and what might realize in the future. But, what about the interim time? The company is in the stock market, not planning to do so. There are risks of high proportions in the stock market that have been beefed up by the 2008 crisis. […]
May 26 2012 | Posted in
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Google, the value can be calculated by determining the worth of Android, presence of Google.com and its position, value of its other ventures like Google Map, etc. For Facebook, everything stops at Advertisement and third-party apps like Farmville. This is tricky but can be calculated. Terminal Value is where the mind game starts for real. […]
May 26 2012 | Posted in
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Hewlett-Packard, once known as the great asset to the technology industry and a great innovator, is now in the depths of dark and endless tunnel that is leading nowhere but disparity. In the last half a decade, things have gone worse for the company and this week’s layoffs have written the statement in crimson. The […]
May 26 2012 | Posted in
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What HP committed was a cardinal sin by doing away from R&D and making their way into the hyper-active PC industry. They bought COMPAQ for a whopping $26 Billion. What they should have done is to tow the line of IBM in this regard, make COMPAQ the peripheral for computer manufacturing and continue innovating stuff […]
May 26 2012 | Posted in
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May 26 2012 | Posted in
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