Prime Minister Raja Pervez Ashraf on Saturday said that Pakistan Peoples’ Party (PPP) led coalition government believes in the mechanism of consensus, adding that the key to a peaceful and democratic and sovereign parliament and government is with the people of the country. Addressing a function of the Chamber of Commerce and Industry, he […]
President Asif Ali Zardari Tuesday offered to set up an economic zone exclusively for South Korean investors in Pakistan, state radio reported. Speaking at a luncheon hosted in his honour by South Korean President Lee Myung Bak in Seoul on Tuesday‚ he said Pakistan enjoys great geo-strategic location in the region and offers the […]
Alibaba Group announced in a statement that it has finished the first round of repurchase of Yahoo’s stake in the company. The transaction will stream $7.6 Billion in Yahoo’s direction. China’s largest online retail and B2B giant announced on May 20 jointly with Yahoo that it will reduce the US-based web portal’s stake in Alibaba […]
Sep 22 2012 | Posted in
Sci-Tech |
Read More »
The security design providers beat the Wall Street estimates by miles Analogic’s shares were up 10 percent in the afterhours trading on Thursday after the announcement of the report on fourth fiscal quarter. The company beat the Wall Street estimates by a mile and investors were pleased with the performance. Analogic reported sales of $151 […]
Sep 15 2012 | Posted in
Sci-Tech |
Read More »
Declining Rupee puts stocks under pressure Islamabad: (Thursday, May 31, 2012) With the investors panicked by the sustained decline in Pakistani rupee versus US dollars, stocks at the main markets observed bearish trends and fell significantly. Explaining the phenomenon, investors said that the buyers were concerned by the depreciating rupee. Perhaps that was the reason […]
Jun 1 2012 | Posted in
Pakistan |
Read More »
(Reuters) – Apple Inc’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock’s gravity-defying rally may be losing steam. Five straight days of stock losses for the world’s most valuable company sparked fears it had ventured into dreaded bubble territory and was […]
Apr 18 2012 | Posted in
Sci-Tech |
Read More »
As Facebook furthers its move to becoming Facebook, Inc., there are certain things that the world’s largest online social network will have to take into the fold. In addition to around 800 Million users attached to the network one way or the other, investors have entered the equation. Mark Zuckerberg, co-founder and CEO of the […]
Feb 3 2012 | Posted in
Business |
Read More »
“Hacking is also an inherently hands-on and active discipline. Instead of debating for days whether a new idea is possible or what the best way to build something is, hackers would rather just prototype something and see what works. There’s a hacker mantra that you’ll hear a lot around Facebook offices: “Code wins arguments.” “Hacker […]
Feb 3 2012 | Posted in
Business |
Read More »
Facebook, Inc. is on the verge of initiating the procedure of filing at Securities and Exchange Commission, US. The new stride into the corporate world is going to raise as much as $10 Billion from Initial Public Offering. This opens up new horizons for the social network to widen the span of their operations. The […]
Jan 30 2012 | Posted in
Business,
Sci-Tech |
Read More »
After dropping 272 points on October 19, the KSE-100 index gained 45 points on Thursday, October 20 amid news of relaxation in banking regulations to close at 11,685 points. There was a rumour that the government has relaxed the FSV regulation for banks and thus the previously monotonous sector, showed signs of life with investors […]
Oct 21 2011 | Posted in
Business |
Read More »