Greece to sell Postbank, Proton in July, stress-test big banks
[Reuters] 19 May, 2013
ATHENS (Reuters) - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small ...
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Job market gains could lead Fed to taper QE3 early
[Reuters] 19 May, 2013
(Reuters) - The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent g ...
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Bankia compensation qualms signal loss of faith in Spain's banks
[Reuters] 19 May, 2013
MADRID (Reuters) - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prol ...
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Residents demand end to car parking, entry fee at Airport
[Business Recorder] 19 May, 2013
ISLAMABAD: The residents of the twin cities of Islamabad and Rawalpindi on Sunday demanded of the authorities concerned to bring an end to car parking ...
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Kuwait replaces oil officials at KPC after $2.2 billion Dow payment
[Reuters] 19 May, 2013
KUWAIT (Reuters) - State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $ ...
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PSO launches Fuel Smart Cards
[The News] 19 May, 2013
KARACHI May 18th, 2013: Striving to provide ever greater value to its customers, Pakistan State Oil (PSO) has reached yet another technological mile
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Oil rallies for third day
[The News] 19 May, 2013
Oil rose for a third straight session on Friday, supported by a raft of strong economic data from top oil consumer the United States that also boosted
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Cotton trading improves
[The News] 19 May, 2013
Karachi
Cotton markets in Pakistan saw some improvement in trade activities after the commodity prices fell in line with the market expectations, a
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Gold hits one-month low
[The News] 19 May, 2013
Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some F
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Rupee to remain under pressure
[The News] 19 May, 2013
Karachi
The local currency market witnessed a mixed trend this week. However, it may see volatile trading session in the coming week, amid payment
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Port Qasim handles 61,825 tons of cargo
[The News] 19 May, 2013
Port Qasim handled a cargo volume of 61,825 tons during the last 24 hours that included 34,600 tons of imports and 27,225 tons of exports, the Port Qa
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Stock market expected to remain bullish next week
[The News] 19 May, 2013
Celebrating the successful general elections, the Karachi Stock Exchange benchmark 100-index surged by 621 points in the week to a new all-time high o
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Commodity prices mainly retreat
[The News] 19 May, 2013
LONDON: Commodity prices mostly weakened this week, hit by a stronger dollar and falling demand for raw materials amid persistent concerns about the s
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Lahore auto fair in 2014
[The News] 19 May, 2013
LAHORE: A three-day Pakistan Auto Show will take place in March in Lahore, to showcase the development of the country s automotive industry and auto p
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NBP, Ferguson sign accord
[The News] 19 May, 2013
ISLAMABAD: The National Bank of Pakistan (NBP) and AF Ferguson Co (PwC) have signed a landmark agreement for Business Process Review and Coso implem
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Drive against bottled water launched
[The News] 19 May, 2013
KARACHI: The Pakistan Standards Quality Control Authority (PSQCA) has launched a campaign against bottled drinking water, an official said.
Pir B
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Pakistan must focus on hydropower
[The News] 19 May, 2013
ISLAMABAD: Irfan Mirza, an expert on energy sector, has said that Pakistan should greatly concentrate on hydroelectricity production in the coming day
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Dow, S&P end at records, stocks mark fourth week of gains
[The News] 19 May, 2013
NEW YORK: US stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic dat
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