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Print - 2010-07-25
Tie-in sale of DAP with urea not confirmed

Tie-in sale of DAP with urea not confirmed

The Competition Commission of Pakistan bench comprising Khalid A Mirza, Chairman CCP and Ms Rahat Kaunain Hassan, Member (Legal), passed an order on July 23, 2010 in respect of the proceedings initiated against the fertiliser producers for abuse of domina
Published 25 Jul, 2010 12:00am
Tie-in sale of DAP with urea not confirmed

Tie-in sale of DAP with urea not confirmed

The Competition Commission of Pakistan bench comprising Khalid A Mirza, Chairman CCP and Ms Rahat Kaunain Hassan, Member (Legal), passed an order on July 23, 2010 in respect of the proceedings initiated against the fertiliser producers for abuse of domina
Published 25 Jul, 2010 12:00am
Import of new cars: CCP seeks reduction in customs tariff

Import of new cars: CCP seeks reduction in customs tariff

The Competition Commission of Pakistan (CCP) has recommended that the customs tariff on import of new cars must be reduced across the board to curtail protection to manufacturers, bringing it down to 5-10 percent as presently car importers are paying exce
Published 25 Jul, 2010 12:00am
Import of new cars: CCP seeks reduction in customs tariff

Import of new cars: CCP seeks reduction in customs tariff

The Competition Commission of Pakistan (CCP) has recommended that the customs tariff on import of new cars must be reduced across the board to curtail protection to manufacturers, bringing it down to 5-10 percent as presently car importers are paying exce
Published 25 Jul, 2010 12:00am
Import of new cars: CCP seeks reduction in customs tariff

Import of new cars: CCP seeks reduction in customs tariff

The Competition Commission of Pakistan (CCP) has recommended that the customs tariff on import of new cars must be reduced across the board to curtail protection to manufacturers, bringing it down to 5-10 percent as presently car importers are paying exce
Published 25 Jul, 2010 12:00am
Import of new cars: CCP seeks reduction in customs tariff

Import of new cars: CCP seeks reduction in customs tariff

The Competition Commission of Pakistan (CCP) has recommended that the customs tariff on import of new cars must be reduced across the board to curtail protection to manufacturers, bringing it down to 5-10 percent as presently car importers are paying exce
Published 25 Jul, 2010 12:00am
OGDCL may undertake overseas projects

OGDCL may undertake overseas projects

Oil and Gas Development Company Limited (OGDCL) may take part in overseas exploration projects with two foreign oil and gas exploration companies - Italian based ENI and Statoil Company Norway, Business Recorder has learnt.
Published 25 Jul, 2010 12:00am
OGDCL may undertake overseas projects

OGDCL may undertake overseas projects

Oil and Gas Development Company Limited (OGDCL) may take part in overseas exploration projects with two foreign oil and gas exploration companies - Italian based ENI and Statoil Company Norway, Business Recorder has learnt.
Published 25 Jul, 2010 12:00am
OGDCL may undertake overseas projects

OGDCL may undertake overseas projects

Oil and Gas Development Company Limited (OGDCL) may take part in overseas exploration projects with two foreign oil and gas exploration companies - Italian based ENI and Statoil Company Norway, Business Recorder has learnt.
Published 25 Jul, 2010 12:00am
FDI dropped by 56.1 percent in 2009: World Investment Report released

FDI dropped by 56.1 percent in 2009: World Investment Report released

Foreign Direct Investment (FDI) in Pakistan dropped by 56.1 percent in 2009, revealed the latest World Investment Report (WIR) for 2010 released by the United Nations Conference on Trade and Development (Unctad). According to the report, FDI in Pakistan d
Published 25 Jul, 2010 12:00am
FDI dropped by 56.1 percent in 2009: World Investment Report released

FDI dropped by 56.1 percent in 2009: World Investment Report released

Foreign Direct Investment (FDI) in Pakistan dropped by 56.1 percent in 2009, revealed the latest World Investment Report (WIR) for 2010 released by the United Nations Conference on Trade and Development (Unctad). According to the report, FDI in Pakistan d
Published 25 Jul, 2010 12:00am
FDI dropped by 56.1 percent in 2009: World Investment Report released

FDI dropped by 56.1 percent in 2009: World Investment Report released

Foreign Direct Investment (FDI) in Pakistan dropped by 56.1 percent in 2009, revealed the latest World Investment Report (WIR) for 2010 released by the United Nations Conference on Trade and Development (Unctad). According to the report, FDI in Pakistan d
Published 25 Jul, 2010 12:00am
Rs 400 million FED liability raised against cellular firm challenged

Rs 400 million FED liability raised against cellular firm challenged

A huge amount of tax liability of Federal Excise Duty (FED) under Sales Tax mode, raised against a leading cellular company by Large Taxpayer Unit (LTU) Islamabad, has been challenged where provisions of section 36 of the Sales tax Act 1990 have been invo
Published 25 Jul, 2010 12:00am
Rs 400 million FED liability raised against cellular firm challenged

Rs 400 million FED liability raised against cellular firm challenged

A huge amount of tax liability of Federal Excise Duty (FED) under Sales Tax mode, raised against a leading cellular company by Large Taxpayer Unit (LTU) Islamabad, has been challenged where provisions of section 36 of the Sales tax Act 1990 have been invo
Published 25 Jul, 2010 12:00am
Rs 400 million FED liability raised against cellular firm challenged

Rs 400 million FED liability raised against cellular firm challenged

A huge amount of tax liability of Federal Excise Duty (FED) under Sales Tax mode, raised against a leading cellular company by Large Taxpayer Unit (LTU) Islamabad, has been challenged where provisions of section 36 of the Sales tax Act 1990 have been invo
Published 25 Jul, 2010 12:00am
Rs 400 million FED liability raised against cellular firm challenged

Rs 400 million FED liability raised against cellular firm challenged

A huge amount of tax liability of Federal Excise Duty (FED) under Sales Tax mode, raised against a leading cellular company by Large Taxpayer Unit (LTU) Islamabad, has been challenged where provisions of section 36 of the Sales tax Act 1990 have been invo
Published 25 Jul, 2010 12:00am
Musharraf speaks to Kayani

Musharraf speaks to Kayani

Former President and Chief of Army Staff Pervez Musharraf Saturday had a telephonic conversation with army chief General Ashfaq Pervaz Kayani and congratulated him on extension in his service till 2013. The former President hailed the government's decisio
Published 25 Jul, 2010 12:00am
Musharraf speaks to Kayani

Musharraf speaks to Kayani

Former President and Chief of Army Staff Pervez Musharraf Saturday had a telephonic conversation with army chief General Ashfaq Pervaz Kayani and congratulated him on extension in his service till 2013. The former President hailed the government's decisio
Published 25 Jul, 2010 12:00am
Kayani's extension: Mullen insists his country has no role

Kayani's extension: Mullen insists his country has no role

Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff of the United States on Saturday said Lashkar-e-Tayyaba has become very dangerous organisation and a significant threat not only in the region but it has also the potential for global threat.
Published 25 Jul, 2010 12:00am
Kayani's extension: Mullen insists his country has no role

Kayani's extension: Mullen insists his country has no role

Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff of the United States on Saturday said Lashkar-e-Tayyaba has become very dangerous organisation and a significant threat not only in the region but it has also the potential for global threat.
Published 25 Jul, 2010 12:00am
North Korea threatens nuclear response to naval war games

North Korea threatens nuclear response to naval war games

North Korea threatened on Saturday to respond with nuclear weapons to a major US-South Korean naval exercise starting this weekend, saying it was ready for a "retaliatory sacred war". The threat came from the powerful National Defence Commission (NDC), ch
Published 25 Jul, 2010 12:00am
North Korea threatens nuclear response to naval war games

North Korea threatens nuclear response to naval war games

North Korea threatened on Saturday to respond with nuclear weapons to a major US-South Korean naval exercise starting this weekend, saying it was ready for a "retaliatory sacred war". The threat came from the powerful National Defence Commission (NDC), ch
Published 25 Jul, 2010 12:00am
Son of Khyber Pakhtunkhwa minister gunned down

Son of Khyber Pakhtunkhwa minister gunned down

Mian Rashid Hussein, the lone son of Khyber Pakhtunkhwa Minister for Information, Mian Iftikhar Hussein, was gunned down by armed assailants in his native town Pabbi, on Saturday. Mian Rashid and his cousin Mian Amjad alias Jadoon were walking along the r
Published 25 Jul, 2010 12:00am
Son of Khyber Pakhtunkhwa minister gunned down

Son of Khyber Pakhtunkhwa minister gunned down

Mian Rashid Hussein, the lone son of Khyber Pakhtunkhwa Minister for Information, Mian Iftikhar Hussein, was gunned down by armed assailants in his native town Pabbi, on Saturday. Mian Rashid and his cousin Mian Amjad alias Jadoon were walking along the r
Published 25 Jul, 2010 12:00am
Your rupee last year

Your rupee last year

Following currency fluctuations took place in foreign exchange rates during the last year. (July 02,2009 to June 30, 2010).

Published 25 Jul, 2010 12:00am
The Weather

The Weather

The weather report on Saturday (July 24, 2010) and the forecast for Sunday (July 25, 2010).

Published 25 Jul, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (July 24, 2010) and for Sunday (July 25, 2010).
Published 25 Jul, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (July 24, 2010).

Published 25 Jul, 2010 12:00am
Oil cake market rates

Oil cake market rates

Rising trend was seen on the forward cottonseed oilcake market on Saturday during the day, dealers said. The July contract that had closed at Rs 986.60 opened with 50 paisa gain at Rs 987.10, dealers said. The December vaida which ended at Rs 959.50 and o
Published 25 Jul, 2010 12:00am
Steady conditions prevail on cotton market

Steady conditions prevail on cotton market

Firmness prevailed on the local cotton market on Saturday as the ginners were not ready to sell below their psychological level as rains in the Punjab continued and may cause stoppage in phutti arrival, dealers said. The Karachi Cotton Association (KCA) o
Published 25 Jul, 2010 12:00am
Guwar Punjab, Irri 6 Sindh sharply lower on grain market

Guwar Punjab, Irri 6 Sindh sharply lower on grain market

Subdued business was seen on the wholesale grain and seed market on Saturday as most of the participants were on the sidelines due to balanced demand and supply factor, dealers said. On the grams side guwar Sindh shed Rs 50 to Rs 4100-4200 and guwar from
Published 25 Jul, 2010 12:00am
Drought advance cuts Black Sea grain output further

Drought advance cuts Black Sea grain output further

Spreading drought is forcing major Black Sea grain exporters - Russia, Ukraine and Kazakhstan - to cut their outlook for 2010 production plans again, which indicates their exportable surplus may shrink. Russian Agriculture Minister Yelena Skrynnik is sche
Published 25 Jul, 2010 12:00am
US Midwest corn, soya bids narrowly mixed

US Midwest corn, soya bids narrowly mixed

Spot basis bids for corn and soyabeans were steady to narrowly mixed at US Midwest processors and elevators on Friday amid scattered and mostly light selling of both crops, grain merchants said. Sales overall were smaller in volume this week as futures fo
Published 25 Jul, 2010 12:00am
US soya premiums steady at Gulf of Mexico

US soya premiums steady at Gulf of Mexico

US soyabean export premiums at the Gulf of Mexico were steady on Friday amid solid demand from China for new-crop supplies, while corn premiums were flat and wheat premiums were steady to lower, traders said. Demand for old-crop soyabean shipments fading,
Published 25 Jul, 2010 12:00am
Kazakh grain harvest likely to fall sharply

Kazakh grain harvest likely to fall sharply

Kazakhstan's grain harvest, though likely to fall sharply from last year's record, will not be abnormally low in 2010 as key grain-growing regions have been relatively unscathed by drought. While drought has ravaged crops in the west of the country, Kazak
Published 25 Jul, 2010 12:00am
Ivorian cocoa arrivals down

Ivorian cocoa arrivals down

Cocoa arrivals at ports in top grower Ivory Coast reached 1,076,202 tonnes by July 18 since the start of the season in October, according to data from the official marketing body BCC obtained by Reuters. That is down about 1.4 percent from the 1,091,573 t
Published 25 Jul, 2010 12:00am
Wheat holds near 13-month highs

Wheat holds near 13-month highs

Wheat prices closed flat on Friday as profit-taking ahead of the weekend trimmed early session gains, but values remained near this week's 13-month highs on concern about grain output in the drought-hit Black Sea region. Front-month September wheat on the
Published 25 Jul, 2010 12:00am
Telecom group sues San Francisco over mobile phone law

Telecom group sues San Francisco over mobile phone law

A major US telecommunications industry group on Friday asked a federal court to block a law requiring mobile phone makers to warn customers that the gadgets are bathing them in radiation. The unprecedented ordinance was passed by the northern California c
Published 25 Jul, 2010 12:00am
BP prepares to resume spill work as storm weakens

BP prepares to resume spill work as storm weakens

BP Plc prepared on Saturday to move ships and workers back to the Gulf of Mexico oil spill site as a storm that forced a temporary halt to operations began to lose its punch. Meanwhile, Kenneth Feinberg, the independent administrator running a $20 billion
Published 25 Jul, 2010 12:00am
Iran ready to resume gas flow to Turkey by Tuesday

Iran ready to resume gas flow to Turkey by Tuesday

Iran can resume natural gas exports to Turkey within three days if there are no further major problems, Iranian Oil Ministry's official website SHANA quoted an official as saying on Saturday. Iran temporarily stopped its gas export after an explosion in e
Published 25 Jul, 2010 12:00am
Iran, Brazil, Turkey to discuss nuclear fuel swap today

Iran, Brazil, Turkey to discuss nuclear fuel swap today

The foreign ministers of Iran, Brazil and Turkey will meet in Istanbul on Sunday to discuss a nuclear fuel swap proposal they brokered in May, Iran's foreign ministry spokesman said. Iran's Foreign Minister Manouchehr Mottaki will meet with his Brazilian
Published 25 Jul, 2010 12:00am
'Economy gradually getting better'

'Economy gradually getting better'

US Treasury Secretary Tim Geithner says America's economy is "gradually getting better." Geithner says he's seeing "private investment expand again, job growth starting to come back. And that's very encouraging." The Treasury secretary also said private f
Published 25 Jul, 2010 12:00am
Obama to visit auto plants to tout economic plans

Obama to visit auto plants to tout economic plans

US President Barack Obama will visit three auto plants in the next two weeks, the White House said, on a trip intended to show that auto industry bailout programs have worked. Obama will visit Chrysler and General Motors Co plants in Detroit and Hamtramck
Published 25 Jul, 2010 12:00am
Obama criticises Republicans on economy

Obama criticises Republicans on economy

President Barack Obama criticised Republicans on Saturday for supporting economic policies that "created this mess in the first place" as he tried to raise election-year doubts about his opponents. Obama used his weekly radio and Web address to promote hi
Published 25 Jul, 2010 12:00am
US bank failures in 2010 surpass 100

US bank failures in 2010 surpass 100

US bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota and Oregon. The seven bank seizures announced Friday bring to 103 the failures so far in 2010.
Published 25 Jul, 2010 12:00am
Qatar okays Virgin launch, wants changes

Qatar okays Virgin launch, wants changes

Vodafone Qatar and Qatar Telecom on Saturday both welcomed a ruling by regulators in a dispute over Virgin Mobile's entry to the local market, but there were signs the battle may have further to run. Regulator ictQATAR said earlier it had informed the par
Published 25 Jul, 2010 12:00am
Focus shifts to EU banks to scrape test pass

Focus shifts to EU banks to scrape test pass

So few banks failed Europe's long-awaited stress tests on Friday that investors will likely focus instead on the dozen or so banks that just scraped through when markets reopen next week. Seven banks failed the unprecedented test of Europe's banking syste
Published 25 Jul, 2010 12:00am
Taiwan wins WTO flat-panel tariff case against EU

Taiwan wins WTO flat-panel tariff case against EU

Taiwan has won a World Trade Organisation dispute against the European Union over LCD flat-screen panel tariffs, saving island exporters up to $611 million a year, local officials and media said on Saturday. A WTO dispute settlement body ruled late on Fri
Published 25 Jul, 2010 12:00am
Russia plans to sell $29 billion assets

Russia plans to sell $29 billion assets

Russia plans its biggest sell-off of state assets since the early 1990s as it seeks to raise over $29 billion to plug budget gaps over the next three years, finance ministry sources told Reuters on Saturday. The sources told Reuters the plan to sell minor
Published 25 Jul, 2010 12:00am
Bulgaria foreign debt down 1.8 percent year-on-year

Bulgaria foreign debt down 1.8 percent year-on-year

Bulgaria's gross foreign debt dropped 1.8 percent year-on-year in May to 36.5 billion euros ($47 billion), the central bank said on Friday. External debt at the end of May edged down 0.9 percent from a month earlier as a prolonged recession made commercia
Published 25 Jul, 2010 12:00am
Iran plans 11.5 billion euro bond sales by March 2011

Iran plans 11.5 billion euro bond sales by March 2011

Iran plans to issue bonds worth some 11.5 billion euros ($14.8 billion) by March 2011 to help finance development of its energy sector, the semi-official Mehr news agency quoted a senior official as saying on Friday. Iran needs funds to expand and moderni
Published 25 Jul, 2010 12:00am
Iran plans 11.5 billion euro bond sales by March 2011

Iran plans 11.5 billion euro bond sales by March 2011

Iran plans to issue bonds worth some 11.5 billion euros ($14.8 billion) by March 2011 to help finance development of its energy sector, the semi-official Mehr news agency quoted a senior official as saying on Friday. Iran needs funds to expand and moderni
Published 25 Jul, 2010 12:00am
Turkish stocks ease, bonds jump

Turkish stocks ease, bonds jump

Turkish shares shed one percent on Friday as stock market investors awaiting the results of stress tests on European banks took profits on huge inflows into Turkish assets this week. The main Istanbul Stock Exchange National 100 closed down 1.03 percent a
Published 25 Jul, 2010 12:00am
Indian bond yields flat

Indian bond yields flat

Indian federal bond yields moved in a narrow range with a downward bias on Friday but the one year swap rate eased marginally as traders adjusted positions ahead of next week's policy review. The Indian benchmark 10-year bond yield was at 7.68 percent, st
Published 25 Jul, 2010 12:00am
Indian bond yields flat

Indian bond yields flat

Indian federal bond yields moved in a narrow range with a downward bias on Friday but the one year swap rate eased marginally as traders adjusted positions ahead of next week's policy review. The Indian benchmark 10-year bond yield was at 7.68 percent, st
Published 25 Jul, 2010 12:00am
Sri Lankan shares hit new peak

Sri Lankan shares hit new peak

Sri Lankan shares hit a new record high on Friday, bolstered by foreign investors buying into the market on hopes of strong profits and post-war growth. The Colombo Stock Exchange's All-Share Price Index hit a new all-time high of 4,903.27, surpassing its
Published 25 Jul, 2010 12:00am
IPO VIEW: Molycorp returns long bet for investors

IPO VIEW: Molycorp returns long bet for investors

Mining and mineral processing company Molycorp Inc hopes to fill a growing need for scarce "rare earth" minerals and products, but its $450 million initial public offering, planned for next week, asks investors to take a big leap of faith.
Published 25 Jul, 2010 12:00am
Toronto bond prices drop

Toronto bond prices drop

Canadian bond prices fell on Friday as riskier assets found favour from the solid US corporate earning results that helped North American stock markets make gains. The two-year bond lost 7 Canadian cents to yield 1.585 percent, while the 10-year bond shed
Published 25 Jul, 2010 12:00am
Toronto bond prices drop

Toronto bond prices drop

Canadian bond prices fell on Friday as riskier assets found favour from the solid US corporate earning results that helped North American stock markets make gains. The two-year bond lost 7 Canadian cents to yield 1.585 percent, while the 10-year bond shed
Published 25 Jul, 2010 12:00am
Earnings, data, copper lead Toronto stocks high

Earnings, data, copper lead Toronto stocks high

Toronto's main stock index ended a choppy session higher on Friday, capping off a strong week on the back of positive economic signals and a batch of solid North American earnings. Copper rallied to a two-month high, helping drive Canadian mining issues h
Published 25 Jul, 2010 12:00am
China bill curve steepens, bond yields bottom out

China bill curve steepens, bond yields bottom out

China's bill curve steepened on Friday because of budding concerns over future liquidity conditions, while bond yields mostly rose as investors locked in profits after recent sharp declines. Traders were reluctant to buy at the long end of the bills curve
Published 25 Jul, 2010 12:00am
China bill curve steepens, bond yields bottom out

China bill curve steepens, bond yields bottom out

China's bill curve steepened on Friday because of budding concerns over future liquidity conditions, while bond yields mostly rose as investors locked in profits after recent sharp declines. Traders were reluctant to buy at the long end of the bills curve
Published 25 Jul, 2010 12:00am
Long 10-year Treasury falls from seven-month high

Long 10-year Treasury falls from seven-month high

Speculative traders' long positions in US 10-year Treasury futures retreated from a seven-month high, after they booked profits on some of them earlier this week, Commodity Futures Trading Commission data released on Friday showed.
Published 25 Jul, 2010 12:00am
Long 10-year Treasury falls from seven-month high

Long 10-year Treasury falls from seven-month high

Speculative traders' long positions in US 10-year Treasury futures retreated from a seven-month high, after they booked profits on some of them earlier this week, Commodity Futures Trading Commission data released on Friday showed.
Published 25 Jul, 2010 12:00am
Treasuries decline

Treasuries decline

US Treasuries fell on Friday, as investors favoured stocks and risky assets over bonds in the wake of better-than-expected earnings. The highly anticipated results of stress tests on some of Europe's biggest banks showed that only seven banks failed the t
Published 25 Jul, 2010 12:00am
Treasuries decline

Treasuries decline

US Treasuries fell on Friday, as investors favoured stocks and risky assets over bonds in the wake of better-than-expected earnings. The highly anticipated results of stress tests on some of Europe's biggest banks showed that only seven banks failed the t
Published 25 Jul, 2010 12:00am
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