AIRLINK 166.94 Decreased By ▼ -1.57 (-0.93%)
BOP 9.71 Decreased By ▼ -0.08 (-0.82%)
CNERGY 7.82 Decreased By ▼ -0.17 (-2.13%)
CPHL 88.87 Increased By ▲ 0.90 (1.02%)
FCCL 44.58 Increased By ▲ 0.65 (1.48%)
FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
HUBC 139.39 Increased By ▲ 1.42 (1.03%)
HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
KEL 4.20 Decreased By ▼ -0.04 (-0.94%)
KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
MLCF 67.46 Increased By ▲ 2.67 (4.12%)
OGDC 212.37 Increased By ▲ 0.68 (0.32%)
PACE 5.53 Decreased By ▼ -0.20 (-3.49%)
PAEL 44.31 Decreased By ▼ -0.71 (-1.58%)
PIAHCLA 16.80 Decreased By ▼ -0.29 (-1.7%)
PIBTL 9.37 Increased By ▲ 0.14 (1.52%)
POWER 14.28 Decreased By ▼ -0.17 (-1.18%)
PPL 164.05 Decreased By ▼ -2.35 (-1.41%)
PRL 29.41 Decreased By ▼ -1.24 (-4.05%)
PTC 21.30 Increased By ▲ 0.10 (0.47%)
SEARL 88.99 Decreased By ▼ -1.48 (-1.64%)
SSGC 40.49 Decreased By ▼ -0.56 (-1.36%)
SYM 14.64 Increased By ▲ 0.16 (1.1%)
TELE 7.17 Decreased By ▼ -0.22 (-2.98%)
TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
TRG 64.27 Decreased By ▼ -0.73 (-1.12%)
WAVESAPP 9.42 Decreased By ▼ -0.09 (-0.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
YOUW 3.65 Decreased By ▼ -0.07 (-1.88%)
AIRLINK 166.94 Decreased By ▼ -1.57 (-0.93%)
BOP 9.71 Decreased By ▼ -0.08 (-0.82%)
CNERGY 7.82 Decreased By ▼ -0.17 (-2.13%)
CPHL 88.87 Increased By ▲ 0.90 (1.02%)
FCCL 44.58 Increased By ▲ 0.65 (1.48%)
FFL 15.41 Decreased By ▼ -0.11 (-0.71%)
FLYNG 28.62 Increased By ▲ 0.68 (2.43%)
HUBC 139.39 Increased By ▲ 1.42 (1.03%)
HUMNL 12.07 Decreased By ▼ -0.30 (-2.43%)
KEL 4.20 Decreased By ▼ -0.04 (-0.94%)
KOSM 5.48 Decreased By ▼ -0.08 (-1.44%)
MLCF 67.46 Increased By ▲ 2.67 (4.12%)
OGDC 212.37 Increased By ▲ 0.68 (0.32%)
PACE 5.53 Decreased By ▼ -0.20 (-3.49%)
PAEL 44.31 Decreased By ▼ -0.71 (-1.58%)
PIAHCLA 16.80 Decreased By ▼ -0.29 (-1.7%)
PIBTL 9.37 Increased By ▲ 0.14 (1.52%)
POWER 14.28 Decreased By ▼ -0.17 (-1.18%)
PPL 164.05 Decreased By ▼ -2.35 (-1.41%)
PRL 29.41 Decreased By ▼ -1.24 (-4.05%)
PTC 21.30 Increased By ▲ 0.10 (0.47%)
SEARL 88.99 Decreased By ▼ -1.48 (-1.64%)
SSGC 40.49 Decreased By ▼ -0.56 (-1.36%)
SYM 14.64 Increased By ▲ 0.16 (1.1%)
TELE 7.17 Decreased By ▼ -0.22 (-2.98%)
TPLP 9.15 Decreased By ▼ -0.22 (-2.35%)
TRG 64.27 Decreased By ▼ -0.73 (-1.12%)
WAVESAPP 9.42 Decreased By ▼ -0.09 (-0.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)
YOUW 3.65 Decreased By ▼ -0.07 (-1.88%)
BR100 12,327 Increased By 71.3 (0.58%)
BR30 36,803 Increased By 80.1 (0.22%)
KSE100 115,469 Increased By 449.5 (0.39%)
KSE30 35,563 Increased By 234.3 (0.66%)
Print - 2004-07-23
Parmalat banks share blame for meltdown

Parmalat banks share blame for meltdown

Banks and financial institutions contributed to Parmalat's meltdown late last year through their lax oversight of the Italian food group's tattered accounts, an investigation prepared for Milan prosecutors has found.
Published 23 Jul, 2004 12:00am
CBR to release shipping bills on Plgmea's undertaking

CBR to release shipping bills on Plgmea's undertaking

The Central Board of Revenue (CBR) has agreed to release shipping bills of the leather garments exporters after an undertaking by Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) that there will be no variation in weight mentione
Published 23 Jul, 2004 12:00am
CBR to release shipping bills on Plgmea's undertaking

CBR to release shipping bills on Plgmea's undertaking

The Central Board of Revenue (CBR) has agreed to release shipping bills of the leather garments exporters after an undertaking by Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) that there will be no variation in weight mentione
Published 23 Jul, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (July 22, 2004).
Published 23 Jul, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 22, 2004).
Published 23 Jul, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 22, 2004).
Published 23 Jul, 2004 12:00am
12 killed in renewed clashes in IOK

12 killed in renewed clashes in IOK

Twelve people were killed in separate clashes in Indian occupied Kashmir, while homes and shops were gutted in a gun-battle in the troubled Himalayan territory, police said on Thursday.
Published 23 Jul, 2004 12:00am
Venue for receiving ABL shares sealed bids changed

Venue for receiving ABL shares sealed bids changed

The venue for receipt of sealed bids for sale of 16,376,106 shares of Allied Bank Limited (ABL) under Section 19 (3) of Financial Institution (Recovery Finance) Ordinance 2001 will now be the Board Room on the third floor of ABL, Central Office, Bath Isla
Published 23 Jul, 2004 12:00am
Venue for receiving ABL shares sealed bids changed

Venue for receiving ABL shares sealed bids changed

The venue for receipt of sealed bids for sale of 16,376,106 shares of Allied Bank Limited (ABL) under Section 19 (3) of Financial Institution (Recovery Finance) Ordinance 2001 will now be the Board Room on the third floor of ABL, Central Office, Bath Isla
Published 23 Jul, 2004 12:00am
Thai rice prices seen up, eyes on India and China

Thai rice prices seen up, eyes on India and China

Thai rice prices are expected to rise further over the next few days, supported by strong overseas demand and a state intervention scheme, traders said on Thursday.
Published 23 Jul, 2004 12:00am
US oil stays above $40, little sign of weakening

US oil stays above $40, little sign of weakening

US oil prices stayed above $40 for the seventh trading day in a row on Thursday, with dealers unwilling to sell in a market where global supply is stretched almost to its limits by strong demand.
Published 23 Jul, 2004 12:00am
Dollar keeps Greenspan boost but momentum slows

Dollar keeps Greenspan boost but momentum slows

The dollar held close to multi-week highs against the euro on Thursday, but its rally this week fuelled by an upbeat economic outlook from Alan Greenspan appeared to be running out of steam.
Published 23 Jul, 2004 12:00am
Sterling reverses losses

Sterling reverses losses

Sterling reversed early losses against the dollar in volatile trade on Thursday, as the greenback's momentum slowed and robust domestic retail sales data reinforced expectations of a British rate rise next month.
Published 23 Jul, 2004 12:00am
Indian rupee closes at one-month low

Indian rupee closes at one-month low

The Indian rupee slipped for the fourth straight day on Thursday to a one-month closing low in a market increasingly wary of waning foreign capital inflows amid doubts about growth prospects in Asia's fourth-largest economy.
Published 23 Jul, 2004 12:00am
9/11 panel points to sweeping government failures

9/11 panel points to sweeping government failures

A national commission probing the September 11 attacks on Thursday found "failures of imagination, policy, capabilities and management" by the US government and recommended a sweeping overhaul of US intelligence services.
Published 23 Jul, 2004 12:00am
Al Qaeda had 'persistent contacts' with Iran

Al Qaeda had 'persistent contacts' with Iran

Iran maintained persistent contacts with al Qaeda terrorists and may have provided transit for at least eight of the men who carried out the September 11, 2001 attacks, a national inquiry commission said Thursday.
Published 23 Jul, 2004 12:00am
BBC head of news to take over World Service

BBC head of news to take over World Service

The BBC said Thursday that its head of news, Richard Sambrook, will leave his post to become director of the BBC World Service, six months after the broadcaster's news operations were criticised by an official inquiry.
Published 23 Jul, 2004 12:00am
Hard-boiled Polish detective treads on diplomatic toes

Hard-boiled Polish detective treads on diplomatic toes

He is everything the well-dressed private detective ought to be, and like a Polish version of Superman, he is ready to strike wherever evil raises its ugly head - especially if it will make another episode for his popular crime TV series here.
Published 23 Jul, 2004 12:00am
Fox and opposition clash over 1971 massacre charges

Fox and opposition clash over 1971 massacre charges

Mexico is poised to indict a former president for ordering a massacre 33 years ago, an unprecedented step that puts President Vicente Fox back on a collision course with the long-ruling PRI party that he ousted four years ago.
Published 23 Jul, 2004 12:00am
US and Afghan forces kill 10 militants

US and Afghan forces kill 10 militants

US and Afghan forces killed around 10 suspected militants and arrested five in a clash in central Afghanistan, the US military said on Thursday.
Published 23 Jul, 2004 12:00am
25 guerrillas killed in Iraq: US

25 guerrillas killed in Iraq: US

US marines killed 25 guerrillas, wounded 17 and captured 25 during several hours of fighting in the western Iraqi city of Ramadi on Wednesday, a military statement said on Thursday.
Published 23 Jul, 2004 12:00am
EU lawmakers confirm Barroso as Brussels chief

EU lawmakers confirm Barroso as Brussels chief

EU lawmakers confirmed Thursday former Portuguese premier Jose Manuel Durao Barroso as next head of the European Commission, despite criticism notably over his support for the Iraq war.
Published 23 Jul, 2004 12:00am
Gunpowder fire kills 16 in Yemen

Gunpowder fire kills 16 in Yemen

Sixteen people died when an explosion apparently caused by a fire in a gunpowder store levelled an apartment block in Yemen, the official news agency SABA reported on Thursday.
Published 23 Jul, 2004 12:00am
Dostam to stand against Karzai

Dostam to stand against Karzai

A powerful warlord in northern Afghanistan announced Thursday he would stand for president in upcoming October elections, presenting a new challenge to incumbent President Hamid Karzai. Speaking at a public meeting in Afghanistan's main northern city, mil
Published 23 Jul, 2004 12:00am
Solana defends mass vote against West Bank barrier

Solana defends mass vote against West Bank barrier

Foreign policy envoy Javier Solana defended the decision by all the EU member states to vote against Israel's West Bank barrier as he sought Thursday to ease tensions with Ariel Sharon's government.
Published 23 Jul, 2004 12:00am
Kazakh leader may sue critical foreign media

Kazakh leader may sue critical foreign media

President Nursultan Nazarbayev, whose family dominates political activity in Kazakhstan, has said his lawyers may sue foreign media who "discredit the country", newspapers reported on Thursday.
Published 23 Jul, 2004 12:00am
Taiwan holds military drills, coinciding with China exercise

Taiwan holds military drills, coinciding with China exercise

Taiwan held anti-amphibious landing drills in its southern coastal towns Thursday, continuing a major annual military exercise that coincides with the largest war games reportedly being conducted by its rival China.
Published 23 Jul, 2004 12:00am
Israeli in New Zealand passport case worked for government

Israeli in New Zealand passport case worked for government

A mysterious Israeli man at the centre of a passport fraud case that has strained relations between New Zealand and Israel, worked for the Israeli government for 10 years, a television network reported on Thursday.
Published 23 Jul, 2004 12:00am
Freed hostage back home after Iraq ordeal

Freed hostage back home after Iraq ordeal

Angelo de la Cruz, a poor Filipino truck driver who sought greener pastures in the battlefields of the Middle East, arrived home Thursday after a harrowing 17-day hostage ordeal in Iraq that prompted the early withdrawal of Philippine troops.
Published 23 Jul, 2004 12:00am
New hostages in Iraq plead for lives

New hostages in Iraq plead for lives

Lined up in a dark room, seven foreign truck drivers pleaded for their lives in a video tape filmed by militants holding them hostage in Iraq - the tension broken only when an Egyptian told his mother not to worry.
Published 23 Jul, 2004 12:00am
Australian intelligence failed on Iraq

Australian intelligence failed on Iraq

Australian intelligence relied on thin and ambiguous information to assess Iraq's weapons of mass destruction, a report said on Thursday, but there was no evidence of political pressure "to bolster the case for war".
Published 23 Jul, 2004 12:00am
Australian dollar extends fall

Australian dollar extends fall

The Australian dollar extended overnight losses on Thursday, falling to a three-week low of $0.7096 before managing a mild recovery.
Published 23 Jul, 2004 12:00am
Asian currencies succumb to dollar rally

Asian currencies succumb to dollar rally

The Thai baht hit a 10-month low and the Taiwan dollar hit its lowest point this year on Thursday after the US dollar rallied on optimistic comments from Federal Reserve Chairman Alan Greenspan.
Published 23 Jul, 2004 12:00am
Dollar rallies, supported by Greenspan's outlook

Dollar rallies, supported by Greenspan's outlook

The dollar extended gains against major currencies on Wednesday in the wake of optimistic comments on the US economy from Federal Reserve Chairman Alan Greenspan, reinforcing expectations of further interest rate hikes.
Published 23 Jul, 2004 12:00am
Dollar firm against yen, euro on Greenspan's optimism

Dollar firm against yen, euro on Greenspan's optimism

The dollar stayed within sight of multi-week highs against major rivals on Thursday after more upbeat comments from Alan Greenspan, though its upside was seen capped as investors awaited more evidence of the US recovery.
Published 23 Jul, 2004 12:00am
Swiss franc up as dollar rally fizzels out

Swiss franc up as dollar rally fizzels out

The Swiss franc firmed against the dollar in early trade on Thursday as the US currency trimmed gains made in the previous session following upbeat remarks from Federal Reserve Chairman Alan Greenspan.
Published 23 Jul, 2004 12:00am
Chinese yuan notches firmer

Chinese yuan notches firmer

The yuan ended a notch firmer versus the US dollar at 8.2765 on Thursday, near the stronger end of its trading range.
Published 23 Jul, 2004 12:00am
Bangladeshi taka eases ahead of weekend

Bangladeshi taka eases ahead of weekend

The Bangladeshi taka eased a touch against the US currency for a fourth straight session on Thursday after banks sought dollars for import-related payments ahead of the local Friday weekend, dealers said.
Published 23 Jul, 2004 12:00am
Malaysian shares drop on profit-taking

Malaysian shares drop on profit-taking

Malaysian shares slipped on Thursday, hit by profit-taking after the previous day's rise, but lender Public Bank was steady ahead of the release of its second-quarter earnings result.
Published 23 Jul, 2004 12:00am
Nikkei falls 1.3 percent as techs retreat

Nikkei falls 1.3 percent as techs retreat

Tokyo's Nikkei share average fell on Thursday as technology stocks including Sharp Corp retreated on concern over the global outlook for businesses such as chip and liquid crystal display makers.
Published 23 Jul, 2004 12:00am
Indian key share index closes above 5,000 mark

Indian key share index closes above 5,000 mark

India's key share index closed above the 5,000 mark for the first time since May on Thursday, extending a rally spurred by the scaling back of a trading tax into a second day, while robust corporate earnings added cheer.
Published 23 Jul, 2004 12:00am
Jakarta stocks flat

Jakarta stocks flat

Jakarta stocks closed almost flat on Thursday after spending most of the day in negative territory, weighed down by Wall Street's sharp losses overnight and the weak rupiah currency.
Published 23 Jul, 2004 12:00am
Singapore shares tumble

Singapore shares tumble

Singapore's key share index fell over half a percent on Thursday to its lowest close in two weeks as technology stocks such as Venture Corp and Chartered Semiconductor reversed their recent gains.
Published 23 Jul, 2004 12:00am
Thai stocks snap two-day winning streak

Thai stocks snap two-day winning streak

Thai stocks slipped nearly one percent on Thursday after two days of gains, led down by state-owned Krung Thai Bank as a broker downgraded the stock after disappointing second quarter results.
Published 23 Jul, 2004 12:00am
Taiwan stocks sag on Wall Street

Taiwan stocks sag on Wall Street

Taiwan stocks closed down 0.39 percent on Thursday, but recovering in late trade after touching a near 1-year intraday low as sharp falls on US stocks drove investors away from tech issues like AU Optronics.
Published 23 Jul, 2004 12:00am
US stocks end down as investors dump techs

US stocks end down as investors dump techs

US stocks tumbled on Wednesday, with technology shares leading the retreat, as fears about slowing growth in corporate profits overshadowed favourable news from Motorola Inc and Microsoft Corp.
Published 23 Jul, 2004 12:00am
Hong Kong stocks decline

Hong Kong stocks decline

Hong Kong stocks fell 0.60 percent on Thursday but still managed to hold above the key 12,300 points level after worries over slowing corporate earnings growth dragged Wall Street lower.
Published 23 Jul, 2004 12:00am
Philippines stocks up, await second-quarter earnings

Philippines stocks up, await second-quarter earnings

Philippines stocks ended higher on Thursday as investors snapped up selected blue chips led by the country's top two telephone firms, PLDT and second-ranked Globe Telecom Inc.
Published 23 Jul, 2004 12:00am
US Treasury prices slip

US Treasury prices slip

US Treasury prices declined for a second session on Wednesday as Federal Reserve Chairman Alan Greenspan's message that the economy is on track for more robust growth took a further toll on the market.
Published 23 Jul, 2004 12:00am
US Treasury prices slip

US Treasury prices slip

US Treasury prices declined for a second session on Wednesday as Federal Reserve Chairman Alan Greenspan's message that the economy is on track for more robust growth took a further toll on the market.
Published 23 Jul, 2004 12:00am
Deutsche Bank boss acquitted in Mannesmann trial

Deutsche Bank boss acquitted in Mannesmann trial

The boss of Deutsche Bank and five others were cleared by a German court on Thursday of criminal charges they overpaid executives after Europe's biggest take-over but were accused of breaking company law.
Published 23 Jul, 2004 12:00am
Indian reform drive finely balanced: IMF

Indian reform drive finely balanced: IMF

The battle for economic reform in India is finely poised, but the government can help tip the balance toward reform by expanding access for the poor to health and education, the IMF's chief economist said on Thursday.
Published 23 Jul, 2004 12:00am
McDonald's profit up on second-quarter sales

McDonald's profit up on second-quarter sales

McDonald's Corp on Thursday said earnings rose 25 percent on its strongest second-quarter sales growth since 1987, as the company began to expand successful US menu items like salads into Europe.
Published 23 Jul, 2004 12:00am
McDonald's profit up on second-quarter sales

McDonald's profit up on second-quarter sales

McDonald's Corp on Thursday said earnings rose 25 percent on its strongest second-quarter sales growth since 1987, as the company began to expand successful US menu items like salads into Europe.
Published 23 Jul, 2004 12:00am
US leading indicator falls last month

US leading indicator falls last month

A closely watched gauge of future US economic activity fell in June, confirming momentum has slowed from its heady pace earlier in the year, a private research firm said on Thursday.
Published 23 Jul, 2004 12:00am
UK retail sales jump in June

UK retail sales jump in June

British retail sales shot up nearly three times faster than expected in June as the Euro 2004 soccer tournament boosted TV and sports gear purchases, leading economists to conclude a rate hike next month is a done deal.
Published 23 Jul, 2004 12:00am
Oracle to keep focus on India

Oracle to keep focus on India

US software giant Oracle Corp said Thursday it will continue to build up its software development centre in India to supply its global operations.
Published 23 Jul, 2004 12:00am
China's murky statistics complicate analysis

China's murky statistics complicate analysis

China has probably understated recent economic growth, say economists who reckon its statistics are still cooked with a generous helping of political seasoning.
Published 23 Jul, 2004 12:00am
Afghanistan start work on first industrial park

Afghanistan start work on first industrial park

Afghanistan broke ground on its first industrial park on Thursday, a 15-hectare (37-acre) site on the outskirts of the capital Kabul that is being built with the help of US aid.
Published 23 Jul, 2004 12:00am
Opec to increase production capacity

Opec to increase production capacity

Opec hopes to boost its current surplus production capacity by one million barrels a day from 2.5 million barrels per day to 3.5 million barrels a day by the end of this year, Opec President Purnomo Yusgiantoro said here Thursday.
Published 23 Jul, 2004 12:00am
Japanese trade surplus jumps 36.9 percent

Japanese trade surplus jumps 36.9 percent

Japan's trade surplus in June jumped 36.9 percent from a year earlier to 1.1 trillion yen (10.6 billion dollars) on the back of strong Asian demand for high-tech products, the finance ministry said Thursday.
Published 23 Jul, 2004 12:00am
Standard Chartered gets licence to open in Iran

Standard Chartered gets licence to open in Iran

Standard Chartered Plc has gained a licence to open in Iran's Kish Island free-trade zone, making the company the first international lender to have a branch in the country, Standard Chartered said on Thursday.
Published 23 Jul, 2004 12:00am
Yukos affair puts Russian investment, rating at risk

Yukos affair puts Russian investment, rating at risk

Moscow's decision to force oil major Yukos to sell its main asset and possibly drive it into bankruptcy could delay a ratings upgrade for Russia, and limit investment flows, credit ratings agencies said on Thursday.
Published 23 Jul, 2004 12:00am
Yukos affair puts Russian investment, rating at risk

Yukos affair puts Russian investment, rating at risk

Moscow's decision to force oil major Yukos to sell its main asset and possibly drive it into bankruptcy could delay a ratings upgrade for Russia, and limit investment flows, credit ratings agencies said on Thursday.
Published 23 Jul, 2004 12:00am
Malaysian palm oil futures slip

Malaysian palm oil futures slip

Malaysian crude palm oil futures lost almost three percent of their value on Thursday on profit-taking, and a correction due to a slump in rival Chicago soyaoil.
Published 23 Jul, 2004 12:00am
Indian oilseed output seen lower on poor rains

Indian oilseed output seen lower on poor rains

India, the world's largest edible oil importer, is likely to produce a sharply lower oilseed crop in the winter season because of weak monsoon rains but it is too for production estimates, traders said on Thursday.
Published 23 Jul, 2004 12:00am
CBOT rice up on technical buying

CBOT rice up on technical buying

Chicago Board of Trade rough rice futures ended higher on Wednesday on technical buying and hopes for increased US rice export sales if a poor monsoon season hits rice yields in India, brokers said.
Published 23 Jul, 2004 12:00am
Soya sharply lower, big US crop eyed

Soya sharply lower, big US crop eyed

Chicago Board of Trade soyabean futures closed lower on Wednesday as US Midwest weather forecasts pointed to good development of the new crop as it moves into a key growth stage, brokers said.
Published 23 Jul, 2004 12:00am
New York sugar down on trade sales

New York sugar down on trade sales

NYBOT raw sugar futures finished softer on Wednesday on trade sales and speculative profit-taking with players expecting the sweetener to consolidate around its current levels for now, brokers said.
Published 23 Jul, 2004 12:00am
Tokyo rubber rises

Tokyo rubber rises

Tokyo rubber futures rose for the first time this week on Thursday, after slumping to a seven-and-a-half month low the previous day, as a weak yen induced short-covering, but the underlying trend stayed bearish.
Published 23 Jul, 2004 12:00am
Shanghai copper climbs on LME, tight spot supply

Shanghai copper climbs on LME, tight spot supply

Shanghai copper futures ended mostly higher on Thursday in line with the London Metal Exchange, and should remain supported in the near term by tight spot supply, traders said.
Published 23 Jul, 2004 12:00am
Gold steady in Asia, dollar pares gains

Gold steady in Asia, dollar pares gains

Gold was steady on Thursday afternoon in Asia after a sell-off in New York, where a rallying dollar wiped the shine off the yellow metal.
Published 23 Jul, 2004 12:00am
New York gold ends below $400 level, hit by firm dollar

New York gold ends below $400 level, hit by firm dollar

Comex gold futures settled at a two-week low under $400 an ounce on Wednesday, after the dollar rose broadly on optimistic comments about the US economy by Federal Reserve Chairman Alan Greenspan, dealers said.
Published 23 Jul, 2004 12:00am
Tokyo platinum bounces back, gold moves little

Tokyo platinum bounces back, gold moves little

Tokyo platinum futures bounced back on Thursday, bolstered by a softer yen and technical buying, while gold futures barely budged but remained under pressure from a weaker close in New York.
Published 23 Jul, 2004 12:00am
New York copper lower as rate outlook lifts dollar

New York copper lower as rate outlook lifts dollar

Comex copper futures closed with losses, but pulled up off lows dating back a week and a half, as the dollar advanced against major currencies on Wednesday following upbeat comments from Federal Reserve Chairman Alan Greenspan on the state of the US econo
Published 23 Jul, 2004 12:00am
USDA sets soyabean rust sessions in seven states

USDA sets soyabean rust sessions in seven states

Methods for the early detection and treatment of a potentially devastating soybean fungus will be provided by US Department of Agriculture officials when they visit seven states through the end of July, the agency said.
Published 23 Jul, 2004 12:00am
New York cocoa sprints higher as short cover and funds buy

New York cocoa sprints higher as short cover and funds buy

NYBOT cocoa futures closed sharply higher on Wednesday, gaining $54, or 3.48 percent, after test to the downside failed to attract follow-through selling, forcing speculators to cover and funds to buy later in the day, which boosted prices to 5-1/2-month
Published 23 Jul, 2004 12:00am
US Plains HRW Wheat: basis mixed, selling slow

US Plains HRW Wheat: basis mixed, selling slow

Spot basis bids for hard red winter wheat in the US Plains production areas were mixed on Wednesday with country selling consistently slow, merchants said.
Published 23 Jul, 2004 12:00am
Cotton stocks fall to 113,981 bales

Cotton stocks fall to 113,981 bales

Certificated cotton stocks deliverable against New York Board of Trade's No 2 cotton futures contract as of July 20 totalled 113,981 (480-lb) bales, from 118,284 bales the previous session.
Published 23 Jul, 2004 12:00am