Last update: Wed, 02 Dec 2015 12am

Business & Finance

Fiat Chrysler's Canadian sales rise slightly in November

2015-12-01 20:06:42

MONTREAL: Fiat Chrysler Automobiles NV said on Tuesday its Canadian sales rose 0.6 percent to 21,038 vehicles in November from the same month in 2014, driven largely by demand for its Jeep brand.Year-to-date sales were up 1 percent to 271,100 for the


Fed should be explicit in spelling out gradual pace of rate hikes: Evans

2015-12-01 19:22:46

EAST LANSING: The Federal Reserve should use the communication tools at its disposal at its December meeting to spell out a gradual pace of rate increases, Chicago Federal Reserve President Charles Evans said on Tuesday.Asked by reporters following r


US bond prices rise on disappointing data

2015-12-01 22:49:43

NEW YORK: US Treasury debt prices rose on Tuesday, with benchmark yields touching near one-month lows after data showed that US factory activity fell in November to the lowest level in six years.Yields maturing between two and 30 years initially fell



No US combat troops to fight Islamic State: Hillary Clinton

2015-12-01 20:23:21

WASHINGTON: Democratic presidential candidate Hillary Clinton rejected the idea of sending thousands of U.S. ground troops to fight Islamic State in the Middle East, saying such a move would give the militant group a recruitment tool to boost its ran


Venezuela's harried opposition eyes landmark win

2015-12-01 06:58:08

CARACAS: Its leaders have been thrown in jail, banned from politics and remain deeply divided, but Venezuela's opposition nonetheless looks set to bruise President Nicolas Maduro by winning control of the National Assembly.Sixteen years into late


Greek PM hopes capital controls can be lifted in H1 2016

2015-12-01 23:03:37

ATHENS: Greek Prime Minister Alexis Tsipras said on Tuesday he hoped capital controls imposed at the height of the country's debt crisis in July can be lifted in the first half of next year.Addressing a conference of the Hellenic-American Chamber



ICCI asks govt to finalize a comprehensive National Water Policy

2015-12-01 17:33:04

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to finalize a comprehensive and effective National Water Policy in consultation with all stakeholders to cope with the looming water scarcity issue because if


Govt urged to extend relief to LPG consumers

2015-12-01 10:54:50

ISLAMABAD: Liquefied Petroleum Gas (LPG) Distributors Association has urged the government to make measures for provision of gas at affordable price to consumers who are already grappling to make ends meet." An increase in LPG price and that is too i


SBP injects Rs54bn into market

2015-12-01 10:39:06

KARACHI: State Bank of Pakistan (SBP) on Tuesday injected Rs 54 billion into money market for three days through its open market operation (OMO).The rate of return accepted is 6.06 percent per annum, said SBP statement.Copyright APP (Associated Press



Afridi climbs ranking ladder as team succumbs to 6th position

2015-12-01 17:23:24

KARACHI: Pakistan went into the series against England as second placed side but a 0-3 thrashing at the hands of Englishmen in UAE in the three-match series has sank them to lowly sixth position in ICC T20I Team Rankings.ICC World Twenty20 India 2016


Pakistan beat India in the Asian champion league

2012-12-27 21:40:14

Pakistan beat India in the Asian champion league by 5-4 in a tough contested final of the Asian Champions Trophy hockey in Doha here on Thursday. Pakistan made the first goal by Waqas Sharif, but India equalized after two minutes, India lead by 2-1


De Bruyne sends Man City into League Cup semis

2015-12-01 22:53:28

LONDON: In-form Kevin De Bruyne struck twice as Premier League leaders Manchester City overpowered Hull City 4-1 on Tuesday to lead three top-flight teams into the League Cup semi-finals.De Bruyne had scored one goal and made two in Saturday's 3-



Japanese manga artist Mizuki dies at 93

2015-11-30 12:24:09

TOKYO: Award-winning Japanese cartoonist Shigeru Mizuki, known for his comics of ghosts and monsters inspired by folklore and for his accounts of World War II horrors, died Monday at 93, his office said. Mizuki, whose real name was Shigeru Mura, was


Shah Rukh Khan, Kajol’s Struggle in ‘Dilwale’ Goes Viral

2015-12-01 11:01:14

Dreamy pair Shah Rukh Khan-Kajol's upcoming moving ‘Dilwale’ had been shot in severe climatic condition. One of the most beautifully shot songs ‘Gerua’ in the movie is scenic but cold climate of Iceland was no cake walk for the ‘Dilwale


Adele’s Good Looking Bodyguard Became ‘New’ Internet Sensation

2015-11-30 12:49:09

Music sensation Adele has hired a new bodyguard Peter Van Der Veen, who has become an internet sensation all over the world. Bodyguard Peter Van der Veen developed his own online following after stepping out with the 27-year-old singer during recent



Draghi dents euro rise, markets shrug off latest terror attck

2015-11-20 21:06:21

LONDON: ECB chief Mario Draghi pulled the rug out from under a rebound in the euro with a pledge to lift ultra-low inflation, while stocks markets Friday shrugged off the latest terror attack.Speaking in Frankfurt, Draghi declared the European Centra


Dollar extends losses vs yen after Philly fed data

2011-06-16 15:35:56

NEW YORK: The dollar extended losses against the yen on Thursday after a Federal Reserve index showed business conditions in the US Mid-Atlantic region unexpectedly fell in June. The dollar slid to 80.620 yen from about 80.77 yen while the euro fell


Bunds erase losses

2011-06-24 13:36:17

LONDON: Bund futures erased losses on Friday as jittery traders sought out safe haven assets citing reports that the euro zone's permanent rescue mechanism could face further hurdles. The Bund future was last up 3 ticks on the day at 127.22, having


ArrowEuro 1.0632
ArrowSterling 1.5080
ArrowSwiss Franc 1.0260
ArrowYen 122.8600
ArrowGold 1068.30
ArrowCotton 63.54
ArrowOil 41.81

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln

Source: KSE

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