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Print - 2009-04-29
Jakarta shares jump

Jakarta shares jump

Indonesian shares ended 1.26 percent higher on Tuesday helped by interest in telecoms and bank blue chips after recent falls, dealers said. The Jakarta Composite Index gained 19.83 points to 1,595.91 in moderate trade, showing no sign of stress over swine
Published 29 Apr, 2009 12:00am
Nikkei declines

Nikkei declines

The Nikkei average fell 2.7 percent on Tuesday to a near one-month closing low as a report that US regulators have told Bank of America and Citigroup they may need to raise more capital revived fears about the financial system. Sharp Corp tumbled 8.8 perc
Published 29 Apr, 2009 12:00am
Seoul shares tumble

Seoul shares tumble

Seoul shares fell on Tuesday led by techs and financials after a Wall Street Journal report that the US Fed was pushing two major US banks to raise more capital, prompting investors to book profits amid renewed worries about the sector. The Korea Composit
Published 29 Apr, 2009 12:00am
Hong Kong dollar remains strong

Hong Kong dollar remains strong

The Hong Kong dollar held at the top of its trading band against the US dollar for most of Tuesday, which might prompt the Hong Kong Monetary Authority (HKMA) to step in again to prevent the local currency from strengthening beyond its fixed range.
Published 29 Apr, 2009 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 69.02/69.03 (previous 69.02/69.0450). Call Money Rates: 0.25-10.00 percent (previous 0.25-10.00 percent.
Published 29 Apr, 2009 12:00am
Singapore shares drop

Singapore shares drop

Singapore shares fell 0.56 percent on Tuesday on concerns over swine flu and its impact on the recession-hit economy, dealers said. The blue chip Straits Times Index closed 10.20 points lower at 1,808.41 on volume of 1.38 billion shares worth 999 million
Published 29 Apr, 2009 12:00am
Yuan steadies

Yuan steadies

The yuan ended little changed against the dollar on Tuesday, brushing aside a weaker mid-point set by the Chinese central bank, as the yuan's rise over the past several days sparked expectations that it would continue its slight appreciation trend in the
Published 29 Apr, 2009 12:00am
Yen jumps on media report

Yen jumps on media report

The yen climbed to a seven-week peak against the euro and a one-month high versus the dollar on Tuesday on growing risk aversion after a newspaper reported that two major US banks may need more capital. The Wall Street Journal said regulators have told Ci
Published 29 Apr, 2009 12:00am
Dollar and yen climb

Dollar and yen climb

The US dollar and yen rose across the board on Monday as worries about a widening outbreak of swine flu in Mexico drove investors to seek shelter in the perceived safety of both currencies. The euro, meanwhile, posted its biggest one-day fall against the
Published 29 Apr, 2009 12:00am
Australian dollar off

Australian dollar off

The Australian dollar fell over a US cent on Tuesday and hit a one-month low on the yen as risk aversion spiked on reports two top US banks might need to raise more capital. The Aussie, already pressured by fears of a global flu outbreak, fell to a low of
Published 29 Apr, 2009 12:00am
Swiss franc trades flat

Swiss franc trades flat

The Swiss franc was flat against the euro and the dollar on Tuesday despite a rise in risk aversion from the outbreak of swine flu as traders stayed wary of a renewed Swiss National Bank intervention. The franc traded near its highest level against the eu
Published 29 Apr, 2009 12:00am
Flu fears force cancellation of Mexico games

Flu fears force cancellation of Mexico games

Growing fears over the outbreak of swine flu in Mexico have forced the cancellation of the remainder of the CONCACAF under-17 championship in Tijuana, the region's governing body said on their website (www.concacaf.com). Costa Rica, Honduras, Mexico and t
Published 29 Apr, 2009 12:00am
Asian currencies hit on risk aversion

Asian currencies hit on risk aversion

The South Korean won and Malaysian ringgit led a sell-off in Asian currencies on Tuesday as investors cut riskier assets amid concerns about the economic fallout from the swine virus outbreak. Governments around the world took steps to contain the spread
Published 29 Apr, 2009 12:00am
Collingwood wants Twenty20 captaincy

Collingwood wants Twenty20 captaincy

Paul Collingwood wants to captain England at this year's Twenty20 World Cup even though he is not considered good enough for a starting place in his Indian Premier League (IPL) team. Collingwood is favourite to lead hosts England after test and one-day sk
Published 29 Apr, 2009 12:00am
Flintoff likely to be fit for World Twenty20: ECB

Flintoff likely to be fit for World Twenty20: ECB

England all-rounder Andrew Flintoff is expected to be fit for June's World Twenty20 event after he underwent keyhole surgery on his right knee, the England and Wales Cricket (Board) said Tuesday. The fast bowler and hard-hitting batsman tore the meniscus
Published 29 Apr, 2009 12:00am
Clarke denies Watson complained about Ajmal

Clarke denies Watson complained about Ajmal

Australian captain Michael Clarke has denied team-mate Shane Watson approached umpires to complain about Pakistani off-spinner Saeed Ajmal's bowling action. Ajmal, whose action was reported as illegal during the second one-dayer in Dubai on Friday, accuse
Published 29 Apr, 2009 12:00am
Gunners confident class of 2009 ready to come of age

Gunners confident class of 2009 ready to come of age

Kolo Toure believes the youthful current crop of Arsenal stars can emulate the battle-hardened class of 2006 and book their ticket to this season's Champions League final. The Gunners face Manchester United in the first leg of their semi-final at Old Traf
Published 29 Apr, 2009 12:00am
Danish Kaneria presses World Twenty20 claim

Danish Kaneria presses World Twenty20 claim

After missing out on the chance to impress in the Indian Premier League (IPL), leg-spinner Danish Kaneria is hoping his performances for Essex will persuade Pakistan's selectors to include him in their squad for the World Twenty20 here in June.
Published 29 Apr, 2009 12:00am
Form matters more than titles for Jankovic

Form matters more than titles for Jankovic

Former world number one Jelena Jankovic admitted on Tuesday thoughts of defending the WTA title she won here last year are far from her mind as she looks to recapture her lost form. The 24-year-old had a glittering 2008 season when she reached the US Open
Published 29 Apr, 2009 12:00am
HSBC Champions becomes fourth WGC event of season

HSBC Champions becomes fourth WGC event of season

The HSBC Champions tournament in China has been given World Golf Championships (WGC) status, to become one of four events on the world-wide calendar one rung down from the majors, golf officials said on Tuesday. The European and Asian Tour co-sanctioned t
Published 29 Apr, 2009 12:00am
Heynckes targets Champions League place for Bayern

Heynckes targets Champions League place for Bayern

In the wake of Jurgen Klinsmann's sacking by Bayern Munich, caretaker coach Jupp Heynckes said Tuesday his goal is to ensure his side qualify for the Champions League in his five games in charge. "A club like Bayern Munich must be playing in the Champions
Published 29 Apr, 2009 12:00am
Domestic battles to decide UEFA Cup final places

Domestic battles to decide UEFA Cup final places

Hamburg SV are brimming with confidence ahead of their UEFA Cup semi-final against Werder Bremen on Thursday despite losing a German Cup penalty shootout to their opponents last week, coach Martin Jol said. "They have yet to beat us. We played a 2-1 in th
Published 29 Apr, 2009 12:00am
Boll out of world championships

Boll out of world championships

European champion Timo Boll, seen as a major threat to China's dominance at the world table tennis championships, has pulled out injured. The 28-year-old German cited a back problem which forced him out of the doubles event with Christian Suss last week.
Published 29 Apr, 2009 12:00am
Peru grants asylum to Venezuelan opposition leader

Peru grants asylum to Venezuelan opposition leader

Peru has granted political asylum to Venezuelan opposition leader Manuel Rosales, Peru's foreign minister said on Monday, and the government of President Hugo Chavez responded by withdrawing Venezuela's ambassador in protest. Rosales, a former presidentia
Published 29 Apr, 2009 12:00am
India set to host majority of 2011 World Cup

India set to host majority of 2011 World Cup

A majority of the 2011 World Cup matches will be held in India after Pakistan was stripped of co-hosting rights over security concerns. India would host 29 of the tournament's 49 matches, including a semi-final and the final, International Cricket Council
Published 29 Apr, 2009 12:00am
New York City-sized iceberg collapses off Antarctica

New York City-sized iceberg collapses off Antarctica

An area of an Antarctic ice shelf almost the size of New York City has broken into icebergs this month after the collapse of an ice bridge widely blamed on global warming, a scientist said on Tuesday. "The northern ice front of the Wilkins Ice Shelf has b
Published 29 Apr, 2009 12:00am
Iraq demands official apology for US raid

Iraq demands official apology for US raid

The Iraqi government has asked General Ray Odierno, the US commander in Iraq, for an official apology for a US raid this week that killed two people and kicked off a tide of condemnation, an official said on Tuesday. "The prime minister sent a letter to t
Published 29 Apr, 2009 12:00am
IBM computer to take on humans on TV quiz show

IBM computer to take on humans on TV quiz show

IBM, having already come up with a computer that can beat the world's best chess players, is gearing up for another challenge. The US computer giant on Monday announced it was developing a computer to compete with humans on the popular US television quiz
Published 29 Apr, 2009 12:00am
Albania applies for EU membership

Albania applies for EU membership

Albania formally applied on Tuesday to join the European Union, embarking on a lengthy path toward membership in the bloc which is still digesting past enlargement and engulfed in an economic crisis. Albania is one of Europe's poorest countries and it fac
Published 29 Apr, 2009 12:00am
Bangladesh charges NGO chief with funding militants

Bangladesh charges NGO chief with funding militants

Bangladesh has charged a leader of a British-based Islamic non-governmental organisation with funding Islamist militancy, an official said on Tuesday. Faisal Mustafa, a Briton of Bangladeshi origin who works for the Green Crescent organisation, was arrest
Published 29 Apr, 2009 12:00am
Iraqis celebrate Saddam birthday with poems and flowers

Iraqis celebrate Saddam birthday with poems and flowers

Dozens of Sunni Arabs marked the birthday of Iraq's executed former president Saddam Hussein on Tuesday by reading poems and verses from the Koran in his native town of Awja. Schoolchildren were among a group from the central town of Awja, near the Sunni
Published 29 Apr, 2009 12:00am
Russia to axe about 36,000 officers in 2009

Russia to axe about 36,000 officers in 2009

Around 36,000 officers will be sacked this year as Russia tries to turn its military into a smaller but more combat-ready force, Russian media quoted a senior general as saying on Tuesday. "We believe that in the final account no more than 36,000 or 37,00
Published 29 Apr, 2009 12:00am
Nigeria sentences 27 peacekeepers to life for mutiny

Nigeria sentences 27 peacekeepers to life for mutiny

A group of former UN peacekeepers who staged a protest over pay were sentenced to life in prison by a military court in the south-west Nigeria state of Ondo. The 27 Nigerian soldiers, four of them women, were sentenced on Monday after being convicted of m
Published 29 Apr, 2009 12:00am
France, Spain to set up joint body to fight terrorism

France, Spain to set up joint body to fight terrorism

Paris and Madrid plan to set up a joint security committee to fight terrorism and drug trafficking, French President Nicolas Sarkozy said in an address to the Spanish parliament Tuesday. "The French-Spanish summit that we are going to hold will be essenti
Published 29 Apr, 2009 12:00am
Obama's presidency improving US race relations: poll

Obama's presidency improving US race relations: poll

Barack Obama's historic breakthrough as the first African-American president appears to have reduced racial divisions in the United States, according to a New York Times/CBS News poll published Tuesday. As the US leader approaches 100 days in office, the
Published 29 Apr, 2009 12:00am
Presidential hopeful says Ahmadinejad isolated Iran

Presidential hopeful says Ahmadinejad isolated Iran

Iran's hard-line President Mahmoud Ahmadinejad has damaged the country's relations with the international community, a moderate challenger to the president in the June presidential vote said on Tuesday. Mehdi Karoubi, former parliamentary speaker and a mo
Published 29 Apr, 2009 12:00am
Obama vows return to US science prominence

Obama vows return to US science prominence

President Barack Obama pledged Monday to return the United States to a "high water mark" of scientific achievement, announcing a goal to commit three percent of GDP to research and development.
Published 29 Apr, 2009 12:00am
Belarus president breaks isolation, invites pope

Belarus president breaks isolation, invites pope

Belarussian President Alexander Lukashenko, long shunned by the West, on Monday met Pope Benedict on a trip to Italy that ends more than a decade of diplomatic isolation. Lukashenko, accused by critics of crushing fundamental rights in his country, was al
Published 29 Apr, 2009 12:00am
Britain would consider taking Guantanamo detainees

Britain would consider taking Guantanamo detainees

British Justice Secretary Jack Straw said Monday his country would consider taking Guantanamo Bay detainees if the United States asks for such help to close the detention facility. Before Straw met with US Attorney General Eric Holder, reporters asked the
Published 29 Apr, 2009 12:00am
Khmer Rouge jail chief says infamous regulations sign fake

Khmer Rouge jail chief says infamous regulations sign fake

A Khmer Rouge jail chief on trial for the torture and execution of thousands of people said Monday that an infamous sign listing prison regulations was fabricated by Vietnamese who overthrew the late 1970s regime. Kaing Guek Eav, 66, alias Duch, commanded
Published 29 Apr, 2009 12:00am
Indian court orders fresh probe into 2002 Gujarat riot

Indian court orders fresh probe into 2002 Gujarat riot

The Supreme Court ordered a fresh probe on Monday into one of India's worst religious riots, including the role of a top Hindu-nationalist leader in the violence that killed thousands, court officials said. Narendra Modi, chief minister of the western Guj
Published 29 Apr, 2009 12:00am
Palestinians, Venezuela establish diplomatic ties

Palestinians, Venezuela establish diplomatic ties

The Venezuelan government and the Palestinian Authority formally established relations Monday with the opening of a Palestinian diplomatic mission in Caracas. Venezuelan President Hugo Chavez "is the most popular leader in the Arab world because of his co
Published 29 Apr, 2009 12:00am
Army raids Madagascar constitutional court

Army raids Madagascar constitutional court

Armed forces raided the offices of Madagascar's constitutional court on Monday, firing warning shots in the air and arresting at least three renegade soldiers. An AFP correspondent saw several soldiers enter the building and fire at least three warning sh
Published 29 Apr, 2009 12:00am
Somali gunmen free two European aid workers

Somali gunmen free two European aid workers

Somali gunmen freed two European aid workers on Tuesday without receiving a ransom after holding them for nine days in one of the world's most dangerous places for relief agencies, local leaders said. Attacks on humanitarian staff in the Horn of Africa co
Published 29 Apr, 2009 12:00am
Maliki confirms Baghdadi in custody

Maliki confirms Baghdadi in custody

Iraqi Prime Minister Nuri al-Maliki confirmed on Tuesday that the authorities are holding Abu Omar al-Baghdadi, said to be the leader of the local al Qaeda umbrella group blamed for a wave of bloodshed across the nation. Iraqi security forces released wha
Published 29 Apr, 2009 12:00am
Africa not benefiting from foreign land deals

Africa not benefiting from foreign land deals

Africa is giving vast tracts of farmland to rich nations looking to feed their own people without ensuring those on the world's hungriest continent benefit, the African Union (AU) said on Tuesday. Countries in Asia and the Gulf that are mainly reliant on
Published 29 Apr, 2009 12:00am
UN concerned on Sri Lanka civilians, EU hits visit move

UN concerned on Sri Lanka civilians, EU hits visit move

The United Nations told Sri Lanka on Tuesday of concern over casualties among civilians trapped with rebels, and the European Union criticised Colombo for excluding a Swedish minister from an EU mission. Sweden recalled its ambassador to Sri Lanka after F
Published 29 Apr, 2009 12:00am
Singaporean gets 18 years

Singaporean gets 18 years

A Singaporean Islamist who trained for "holy war" in Afghanistan and met Osama bin Laden in 2000 was sentenced to 18 years' jail Tuesday under Indonesia's anti-terrorism law. Mohammad Hasan bin Saynudin, 35, yelled "Allahu akbar" (God is greater) as the s
Published 29 Apr, 2009 12:00am
Colombian drug kingpin gets 30 years in US prison

Colombian drug kingpin gets 30 years in US prison

Colombian drug trafficker Eugenio Montoya, whose cartel exported almost 70 percent of cocaine sold in the United States and Europe, was sentenced in a Miami court Tuesday to 30 years in prison. Montoya, who was extradited to the United States from Colombi
Published 29 Apr, 2009 12:00am
Pope hears victims' 'silent cry' in quake zone

Pope hears victims' 'silent cry' in quake zone

Pope Benedict comforted survivors of Italy's earthquake on Tuesday and asked God to heed the "silent cry" of its victims rising from the earth. During a four-hour visit to the central Italian region devastated on April 6, he called for a "serious examinat
Published 29 Apr, 2009 12:00am
Libyan Lockerbie bomber files appeal in Scotland

Libyan Lockerbie bomber files appeal in Scotland

Lawyers for the former Libyan agent jailed over the 1988 Lockerbie plane bombing, in which 270 people were killed, on Tuesday launched an appeal against his conviction. They also claimed that Abdelbaset Ali Mohmet al-Megrahi's health was worsening as he b
Published 29 Apr, 2009 12:00am
Asian aviation in crisis

Asian aviation in crisis

Top Asia-Pacific airlines have suffered big losses from slowing traffic and higher fuel costs and a difficult outlook has been further clouded by the swine flu crisis, an industry group said Tuesday. "For 2008, AAPA member airlines reported an aggregate n
Published 29 Apr, 2009 12:00am
Swine flu cases increase, hurting markets, airlines

Swine flu cases increase, hurting markets, airlines

A new swine flu virus that has killed 149 people in Mexico was found further around the world on Tuesday and the spectre of a pandemic began to hit air travel. The United States, Canada and the European Union advised people to avoid non-essential travel t
Published 29 Apr, 2009 12:00am
Libor rates ease despite new bank worries

Libor rates ease despite new bank worries

The rate that banks charge each other to borrow three-month dollar funds fell to a near 6-year low on Tuesday, despite news that fuelled concerns about the capital health of some major US banks. The Wall Street Journal reported US regulators have told Ban
Published 29 Apr, 2009 12:00am
Pound rises on UK data

Pound rises on UK data

Sterling inched up on Tuesday after unexpectedly strong UK retail sales prompted a rebound from early losses, while ongoing concerns about the spread of swine flu kept risk aversion high and limited gains. The pound hit a one-month low versus the yen in e
Published 29 Apr, 2009 12:00am
Yen rises broadly in London

Yen rises broadly in London

The dollar gained marginally while the yen strengthened against other major currencies on Tuesday, as risk sentiment was hit by renewed concerns about the US banking sector and tumbling share prices. The Japanese currency hit a seven-week high against the
Published 29 Apr, 2009 12:00am
Markit iTraxx indices widen on flu, bank worries

Markit iTraxx indices widen on flu, bank worries

European credit derivative indexes held slightly wider throughout Tuesday on concerns that the flu epidemic would drag on the economy and on uncertainty about the capital adequacy of some top US banks.
Published 29 Apr, 2009 12:00am
Indian rupee down

Indian rupee down

The Indian rupee dropped for a second day on Tuesday, falling to a one-week low as a slide of more than 3 percent in the stock market fuelled worries of a revival in risk aversion among foreigners. The partially convertible rupee closed at 50.52/53 per do
Published 29 Apr, 2009 12:00am
Markit iTraxx indices widen on flu, bank worries

Markit iTraxx indices widen on flu, bank worries

European credit derivative indexes held slightly wider throughout Tuesday on concerns that the flu epidemic would drag on the economy and on uncertainty about the capital adequacy of some top US banks.
Published 29 Apr, 2009 12:00am
Indian shares fall 3.25 percent

Indian shares fall 3.25 percent

Indian shares fell 3.25 percent on Tuesday as investor sentiment weakened, tracking global markets that have reacted to the outbreak of swine flu, dealers said. The benchmark 30-share Sensex fell 370.1 points to 11,001.75, snapping three straight days of
Published 29 Apr, 2009 12:00am
Tuesday's midday trade: Wall Street rises modestly

Tuesday's midday trade: Wall Street rises modestly

US stocks rose modestly on Tuesday as a dividend hike at IBM and reassuring data that could signal a bottom in the economic cycle offset concerns that major banks may need to raise more money. International Business Machines Corp was a bright spot for the
Published 29 Apr, 2009 12:00am
Asian bond spreads steady

Asian bond spreads steady

Asian bond spreads were largely steady in cautious trade on Tuesday as investors assessed the economic impact of the swine flu disease, which could prolong a world-wide slowdown. "With the experience of Sars behind us, we are better prepared to deal with
Published 29 Apr, 2009 12:00am
Philippines shares lower

Philippines shares lower

Philippines share prices closed 1.06 percent lower on Tuesday due to global concerns over the swine flu outbreak and a fall on Wall Street, dealers said. The composite index lost 22.13 points to close at 2,063.50 while the all-shares index gave up 0.88 pe
Published 29 Apr, 2009 12:00am
Asian bond spreads steady

Asian bond spreads steady

Asian bond spreads were largely steady in cautious trade on Tuesday as investors assessed the economic impact of the swine flu disease, which could prolong a world-wide slowdown. "With the experience of Sars behind us, we are better prepared to deal with
Published 29 Apr, 2009 12:00am
Weak banks, commodities, flu fears push FTSE down

Weak banks, commodities, flu fears push FTSE down

Britain's leading share index fell 1.7 percent on Tuesday hit by fears banks may need more capital and weak commodity issues amid intensifying concerns over the impact of a swine flu outbreak. At the close the FTSE 100 was 70.61 points lower at 4,096.40,
Published 29 Apr, 2009 12:00am
Farah Hameed case: National Assembly body summons Dogar on May 6

Farah Hameed case: National Assembly body summons Dogar on May 6

National Assembly standing committee on education Tuesday summoned former Chief Justice of Pakistan former Justice Abdul Hameed Dogar in its meeting to be held on May 6, reopening the controversial issue of awarding extra marks to Farah Hameed Dogar.
Published 29 Apr, 2009 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

It is widely believed that the people who really matter in this country never share full truth. The half-truth told by them never served the country but serves the interest of the ruling elite. On Monday, the National Assembly session was prorogued all of
Published 29 Apr, 2009 12:00am
Security situation dominates debate on President's address

Security situation dominates debate on President's address

Senator S. M. Zafar of Pakistan Muslim League-Quaid (PML-Q) has called upon all the political parties to evolve a charter of security by setting aside Charter of Democracy (CoD) to cope with the current unrest and security concerns threatening the very ex
Published 29 Apr, 2009 12:00am
Pims formulates promotion, careers planning committee

Pims formulates promotion, careers planning committee

Pakistan Institute of Medical Sciences (Pims) has formulated its promotion and careers planning committee, here on Tuesday. According to Pims spokesman Director Administration Dr Minhaj us Siraj after approval from the Executive Director has issued the of
Published 29 Apr, 2009 12:00am
National Assembly witnesses rowdy scenes over Talibanisation issue

National Assembly witnesses rowdy scenes over Talibanisation issue

The 12th session of the National Assembly was prorogued Tuesday for an indefinite period, as both sides of the divide in the rowdy House exchanged allegations and counter allegations over the issue of Talibanisation, instead of framing any effective secur
Published 29 Apr, 2009 12:00am
PMA calls for merit-based policy for promotions

PMA calls for merit-based policy for promotions

The Pakistan Medical Association (PMA), Karachi, has called for a comprehensive, transparent and merit-based policy for the promotion of doctors. This was stated by the general secretary of PMA Karachi, Dr Samrina Hashmi, in a statement here on Tuesday.
Published 29 Apr, 2009 12:00am
Government urged to take notice of Passco's 'excesses'

Government urged to take notice of Passco's 'excesses'

Kisan Board Pakistan (KBP) has urged the federal government to take notice of what it said 'excesses' of Pakistan Agricultural Storage and Services Corporation (Passco) and direct them to facilitate the growers in the wheat procurement drive.
Published 29 Apr, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 29 Apr, 2009 12:00am
PML-N leader gunned down

PML-N leader gunned down

The leader of Pakistan Muslim League-Nawaz (PML-N) was gunned down by two unidentified motorcyclists in the limits of Meethadahar police station on Tuesday. According to police, two unknown persons riding on motorcycle opened fire on PML-N Sindh's joint s
Published 29 Apr, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (April 28, 2009).

Published 29 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 29 Apr, 2009 12:00am
Copper trims losses

Copper trims losses

Copper pared losses on Tuesday after falling over 4 percent to a three-week low on Tuesday, as US consumer confidence data dragged down the dollar, making metals cheaper for local currency holders. Other commodities such as oil and gold dropped as world s
Published 29 Apr, 2009 12:00am
New York cotton futures settle lower

New York cotton futures settle lower

Cotton futures settled lower on Tuesday on investor sales as the market came off a six-month high and appears set to consolidate while waiting for fresh leads, brokers said. The most-active July cotton contract added 0.32 cent to close at 52.75 cents per
Published 29 Apr, 2009 12:00am
The Weather

The Weather

The weather report on Tuesday (April 28, 2009) and the forecast for Wednesday (April 29, 2009).

Published 29 Apr, 2009 12:00am
Oil falls as flu adds to demand concerns

Oil falls as flu adds to demand concerns

Oil prices fell on Tuesday on concerns the swine flu outbreak could further depress fuel demand, already hard hit by the global financial crisis. US crude oil settled 22 cents lower at $49.92 a barrel, off earlier lows of $48.55. London Brent fell 33 cent
Published 29 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 28, 2009).

Published 29 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 29 Apr, 2009 12:00am
Sugar futures rise in London

Sugar futures rise in London

Raw sugar, cocoa and coffee prices rose on Tuesday as soft commodity markets began to recover after Monday's swine flu-inspired setback. Trading in raw sugar futures was dominated by rollover business ahead of expiry of the ICE May contract on Thursday, a
Published 29 Apr, 2009 12:00am
Gold falls in Europe

Gold falls in Europe

Gold slipped 2.5 percent in Europe on Tuesday on technical selling, with traders disappointed over the metal's failure to sustain its rally to a near four-week high in the previous session. Losses in gold pressured other precious metals, with platinum and
Published 29 Apr, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (April 28, 2009) and for Wednesday (April 29, 2009).
Published 29 Apr, 2009 12:00am
US MIDDAY: sugar softens

US MIDDAY: sugar softens

Raw sugar futures on ICE Futures US at 1144 GMT. July raw sugar contract eased 0.06 cent to early low of 13.83 cents per lb. Session top at 13.95 cents. Volume in July contract at 6,229 lots.
Published 29 Apr, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 28, 2009).

Published 29 Apr, 2009 12:00am
US MIDDAY: cocoa up, coffee little changed

US MIDDAY: cocoa up, coffee little changed

US cocoa reversed higher in early trade Tuesday, partially retracing the previous day's losses with a boost from the firm pound, while arabica coffee futures were little changed in choppy dealings, traders said. Arabica coffee for July delivery up 0.25 ce
Published 29 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 28, 2009).

Published 29 Apr, 2009 12:00am
US MIDDAY: copper lower

US MIDDAY: copper lower

US copper futures opened with another round of sharp losses on Tuesday as fears over the economic impact of a potential flu pandemic and renewed jitters in the financial sector weighed on sentiment, but a slide in the dollar trimmed early losses. Copper f
Published 29 Apr, 2009 12:00am