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Tag Archives: 000.

213pts, 0.67% gained: Stocks continue rally as 100-index hovers around 32,000pt

KARACHI: Buoyant Karachi Stock Exchange continued its march toward historic high of 32,000 steadily as benchmark KSE 100-index added another 213.01 points or 0.67 to scores tally, taking it to 31893.17 points till midday trading on Wednesday. Easing political concerns, cut in POL prices and lowest CPI inflation buoyed up stocks, giving impetus to Karachi Stock Exchange benchmark 100-index rose ... Read More »

€450,000 Lexus SC to be a carbon fiber car

NEW YORK: Lexus will manufacture the LF-LC perception but it will not be the alternate of LFA. New reports state that Lexus will revive the name SC, the new model is different from the previous SC. Deputy Lexus Europe, Alain Uyttenhoven said the production version of the LF-LC will be a carbon fiber car that will cost €450,000. It is from ... Read More »

Porsche, BMW, Mercedes, Mitsubishi unveil concept cars with price tags from $63,000 to $200,000

LOS ANGELES: All luxurious brands including Porsche, BMW, Mercedes, Maserati and Jaguar have launched their concept cars recently. Limited editions, $200,000+ price tags, 3D dashboards for drivers, what more could the ultra-rich motorist want? Red-hot stock markets, historically low interest rates and cheaper gas prices are fuelling a surge in sales of top-of-the-range cars at the West Coast show. “The ... Read More »

Ufone launches iPhone 6 & iPhone 6 Plus in Pakistan with Rs80,000-Rs115,000 price tags

ISLAMABAD: Telecommunication service provider Ufone has unveiled the launch of iPhone 6 and iPhone 6 Plus in Pakistan in collaboration with Apple. The popular smart phones will be made available to consumers under the banner of the telecom service provider from Dec 11 this year. Customers will be able to register online for iPhone 6 and iPhone 6 Plus from ... Read More »

Porsche, BMW, Mercedes, Mitsubishi unveil concept cars with price tags from $63,000 to $200,000

LOS ANGELES: All luxurious brands including Porsche, BMW, Mercedes, Maserati and Jaguar have launched their concept cars recently. Limited editions, $200,000+ price tags, 3D dashboards for drivers, what more could the ultra-rich motorist want? Red-hot stock markets, historically low interest rates and cheaper gas prices are fuelling a surge in sales of top-of-the-range cars at the West Coast show. “The ... Read More »

Citizens warned in Turkey not to buy Chinese shoes containing perilous chemicals

ISTANBUL: 33,000 Chinese shoes packed in five semi-trailer trucks containing perilous chemicals, which had been lost in Istanbul’s customs have reached to the market. However the customs department was unable to figure it out. According to officials, Turkish customs decided not to permit the import of shoes from China as of Aug. 24 of this year, and to destroy those ... Read More »

Dubai policeman wins Guinness World Record for having 8000 pieces Nintendo collection worth £250,000

DUBAI: Policeman who lives in the United Arab Emirates emerges as the biggest lover of Nintendo and wins a Guinness World Record for his 8,000 piece collection. Ahmed bin Fahad’s Nintendo obsession has cost him Dhs1.5 million, the equivalent of over £250,000. But it’s netted him a place in the record books and the unending envy of fellow fans. The ... Read More »

Dubai policeman wins Guinness World Record for having 8000 pieces Nintendo collection worth £250,000

DUBAI: Policeman who lives in the United Arab Emirates emerges as the biggest lover of Nintendo and wins a Guinness World Record for his 8,000 piece collection. Ahmed bin Fahad’s Nintendo obsession has cost him Dhs1.5 million, the equivalent of over £250,000. But it’s netted him a place in the record books and the unending envy of fellow fans. The ... Read More »

Dubai policeman wins Guinness World Record for having 8000 pieces Nintendo collection worth £250,000

DUBAI: Policeman who lives in the United Arab Emirates emerges as the biggest lover of Nintendo and wins a Guinness World Record for his 8,000 piece collection. Ahmed bin Fahad’s Nintendo obsession has cost him Dhs1.5 million, the equivalent of over £250,000. But it’s netted him a place in the record books and the unending envy of fellow fans. The ... Read More »

Dubai policeman wins Guinness world record for having 8000 pieces Nintendo collection worth £250,000

DUBAI: Policeman who lives in the United Arab Emirates emerges as the biggest lover of Nintendo and wins a Guinness World Record for his 8,000 piece collection. Ahmed bin Fahad’s Nintendo obsession has cost him Dhs1.5 million, the equivalent of over £250,000. But it’s netted him a place in the record books and the unending envy of fellow fans. The ... Read More »

Singaporean mobile game developer invests $748,000 to grab Chinese market

BEIJING: Inzen, a Singapore-based mobile game developer, has raised around $748,000. The company is setting its sights on China as it prepares to launch a new portfolio of titles for international markets next year. Its latest funding round, which brings the total Inzen has risen to $1,190,000 so far, was led by Japan’s Incubate Fund, with participation from returning investors ... Read More »

PhD student saves £100,000

ENGLAND: A student of PhD from Brunel University London has saved himself £100,000 by ‘hacking’ his own kit. Adam Lynch created his own inverted Microscope by adapting a contemptible tool he bought online. Adam realised a USB microscope he had purchased from a hobby shop could be clamped upside down on a table to produce the same images as its ... Read More »

Honda Unicorn 160cc bike price starts at Rs 63,695

ENGLAND: Honda, the Japanese bikemaker, is all set to roll out new Unicorn 160 in the Indian market soon. Actually, the bike has earlier reached Honda dealerships across the nation and bookings have also been started for the bike. The new 160cc bike is priced at Rs. 63,695 (ex-showroom, Delhi) which means the on-road Delhi price will be around Rs. ... Read More »

Rs4255000 loan: Bank Alfalah moves court against 14 defaulters

  LAHORE: Bank Alfalah has filed a case in the banking court against 14 defaulters of credit cards and auto loans. The bank has requested the court for recovery of the amount from them. The case has been filed against Javaid for Rs 239,000, Shahzad Ahmad Rs 445,000, Chaudhry Iftikhar Rs 377,000, Tahir Mahmood Rs 515,000 Nazar Ahmad Rs 476,000, ... Read More »

Opening: KSE continues winning streak, 100-index gains 84pts, nears 32,000pts mark

KARACHI: Karachi Stock Exchange (KSE) 100-index Tuesday maintained its bullish momentum in early trading and gained 83.99 points or +0.26pc to reach 31786.78 points with the aim to cross another historic mark of 32,000 points. On Monday, bulls bounced back strongly and kept their rule at the KSE again as the benchmark KSE 100-Index surged a considerable 358.72 points or ... Read More »

Midday: Stocks set to scale new heights of 32,000 as KSE gains 333pts

KARACHI: The bull-run kept the Karachi Stock exchange afloat and fuelled its passion in the quest to scale new heights of 32,000 points as buoyant KSE-100 index consolidated it gains to 333 points or 1.06 percent to climb up to 31677.14 points till midday trading on Monday. The trade volume remained considerably high at 64, 102,480, reflecting the market’s resolve ... Read More »

Excise Dept captures documents of 20,000 defaulter vehicles

LAHORE:  The Excise and Taxation Department has seized documents of 20,000 defaulter vehicles and impounded hundreds in the Punjab. These documents were confiscated during last four months of July, August, September and October. Owners of the defaulter vehicles are not been paying their token tax and tax not on transfer of vehicles. The Excise Dept received almost Rs 40 millions ... Read More »

Facebook bans 1,773 hate contents in Pakistan

NEW DELHI: Facebook has restricted access to nearly 1,773 hate contents on social media in the first six months of 2014 on the request of the Pakistani government and other agencies. Similar steps were taken in Turkey (1,893) and India (5,000) during the period, Facebook said in its Government Requests Report. During January-June 2014, Facebook said it had received 4,559 ... Read More »

Intel Corp awards $500,000 to wristband developer

SAN FRANCISCO: Intel Corp awarded $500,000 to a group of do-it-yourselves who developed a wristband that turns into a camera-equipped drone. They won a contest that the chipmaker hopes will help guarantee it a leading position in the emerging market for wearable computing devices. Like a boomerang, it returns to its owner and then syncs with the owner’s smart phone. ... Read More »

3D print marks HP journey into new arena

NEW YORK: Computer hardware and printing giant Hewlett-Packard (HP) recently disclosed its first concept 3D printer, called ‘Multi Jet Fusion.’ In fact 3D print marks HP’s journey into the currently-nascent 3D printing arena. Announcing the Multi Jet Fusion 3D printer, HP said “its technology can apparently trigger a new era of manufacturing; thanks largely to the fact that the 3D ... Read More »