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Print - 2010-09-28
Scandal-clad Asif to wed

Scandal-clad Asif to wed

Pakistan paceman Mohammad Asif, who is being investigated by British police in a major spot-fixing scandal, is to celebrate his wedding this week. Asif and bride Sana Hilal signed a formal wedding contract under Islamic law in March, but a series of celeb
Published 28 Sep, 2010 12:00am
Premier Football League: Wapda outclass PMC 4-1

Premier Football League: Wapda outclass PMC 4-1

Wapda skipper Arif Mehmood maintained his reputation of scoring in every match of Pakistan Premier Football League but their real hero in Monday's 4-1 win over PMC Athletico Club Faisalabad was Dera Ismail Khan-born Imran Niazi who fired two goals at Garh
Published 28 Sep, 2010 12:00am
India vows to have Games village ready

India vows to have Games village ready

India promised to have the athletes' housing for the Commonwealth Games cleaned up by Wednesday, and said workers were labouring at double time to have all facilities ready for the opening ceremony on October 3. The Games aimed to improve India's image as
Published 28 Sep, 2010 12:00am
Pakistan upset over Games accommodation

Pakistan upset over Games accommodation

Pakistan on Monday rejected as unsatisfactory residential facilities at the Commonwealth Games village in New Delhi, warning organisers to make improvements or provide alternative accommodation.
Published 28 Sep, 2010 12:00am
Sharapova knocked out of Pan Pacific Open

Sharapova knocked out of Pan Pacific Open

Defending champion Maria Sharapova fell victim to local favourite Kimiko Date Krumm in the first round of the Pan Pacific Open women's tennis tournament on Monday. The Russian 12th seed, who also won here in 2005, dug her own grave by hitting 11 double fa
Published 28 Sep, 2010 12:00am
Indian rupee surges

Indian rupee surges

The Indian rupee breached the 45-per-dollar mark to reach a new four-and-half-month high on Monday, as large foreign investor interest in the domestic stock market amid a clutch of initial public offerings (IPOs) boosted sentiment. The partially convertib
Published 28 Sep, 2010 12:00am
Euro rates stay stable

Euro rates stay stable

The interbank cost of borrowing euros held broadly steady on Monday as banks held onto extra funds before the repayment later this week of 225 billion euros in loans to the European Central Bank. Key euro interbank could increase moderately in coming week
Published 28 Sep, 2010 12:00am
Yuan extends rally

Yuan extends rally

The yuan extended a rally on Monday even though the central bank lowered its mid-point after nine days of stronger fixings in the face of growing US pressure on Beijing to let the currency rise faster. Before trade began on Monday, the People's Bank of Ch
Published 28 Sep, 2010 12:00am
Won hits four-month high

Won hits four-month high

The South Korean won hit an over four-month high against the dollar on Monday, leading overall gains in Asian currencies, as optimism on the US economy pushed up regional stocks to their highest in more than two years. The dollar also fell on suggestions
Published 28 Sep, 2010 12:00am
Australian dollar at two-year high

Australian dollar at two-year high

The Australian dollar hit a two-year high on Monday as buoyant Asian stocks, a hefty yield advantage, higher commodity prices and a weak US dollar all worked in its favour. The currency's outlook appears so rosy that some investors see it testing its reco
Published 28 Sep, 2010 12:00am
Swiss franc retreats

Swiss franc retreats

The Swiss franc eased from the previous session's 30-month peak against the greenback, but further losses were limited as some in the market speculated the US central bank might resort to further easing measures. Earlier on Monday, the dollar had hovered
Published 28 Sep, 2010 12:00am
Euro slips in London

Euro slips in London

The euro lost ground against the dollar on Monday after ratings firm Moody's cut Anglo Irish Bank's lower-grade debt and kept it on review for a downgrade, highlighting concerns over the eurozone banking sector. The euro hit a session low of $1.3426, and
Published 28 Sep, 2010 12:00am
Early trade at New York: Euro decline

Early trade at New York: Euro decline

The euro fell from a five-month high against the dollar on Monday as nagging worries about fiscal debt problems in eurozone countries such as Ireland gave traders an excuse to consolidate gains. Monday's downgrade of Anglo Irish Bank's lower-grade debt pu
Published 28 Sep, 2010 12:00am
PIC providing free treatment facilities

PIC providing free treatment facilities

Punjab Institute of Cardiology (PIC) is providing free of cost treatment and diagnostic facilities to the patients at the institute, Medical Superintendent PIC, Dr Jaffar Saleem said here on Monday. The patients visiting the institute are 76 percent poor
Published 28 Sep, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 01.17 points as the ISE Ten Index moved from 2,540.08
Published 28 Sep, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 01.17 points as the ISE Ten Index moved from 2,540.08
Published 28 Sep, 2010 12:00am
Parliamentarians hold march in support of Dr Aafia

Parliamentarians hold march in support of Dr Aafia

Both opposition and treasury MNAs on Monday jointly marched in protest out of the House against 86 years jail sentence to Dr Aafia by a court in the United States. They marched on the Constitutional Avenue to express solidarity with the nation and stresse
Published 28 Sep, 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 Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
Parliamentarians hold march in support of Dr Aafia

Parliamentarians hold march in support of Dr Aafia

Both opposition and treasury MNAs on Monday jointly marched in protest out of the House against 86 years jail sentence to Dr Aafia by a court in the United States. They marched on the Constitutional Avenue to express solidarity with the nation and stresse
Published 28 Sep, 2010 12:00am
US warned Pakistan after foiled Times Square attack: book

US warned Pakistan after foiled Times Square attack: book

The United States implied to Pakistan it would have had no choice but to hit terrorist havens in the country, had a New York car bomb plot succeeded in May, according to a new book published Monday. Obama's national security advisor James Jones delivered
Published 28 Sep, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
US warned Pakistan after foiled Times Square attack: book

US warned Pakistan after foiled Times Square attack: book

The United States implied to Pakistan it would have had no choice but to hit terrorist havens in the country, had a New York car bomb plot succeeded in May, according to a new book published Monday. Obama's national security advisor James Jones delivered
Published 28 Sep, 2010 12:00am
Angry ex-girlfriend behind plane bomb hoax

Angry ex-girlfriend behind plane bomb hoax

An angry ex-girlfriend called in the hoax bomb alert to Canadian police at the weekend that forced a Pakistan-bound plane to make an emergency landing in Stockholm, a Swedish newspaper reported Monday. A 28-year-old Canadian man was briefly arrested in co
Published 28 Sep, 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 Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
Angry ex-girlfriend behind plane bomb hoax

Angry ex-girlfriend behind plane bomb hoax

An angry ex-girlfriend called in the hoax bomb alert to Canadian police at the weekend that forced a Pakistan-bound plane to make an emergency landing in Stockholm, a Swedish newspaper reported Monday. A 28-year-old Canadian man was briefly arrested in co
Published 28 Sep, 2010 12:00am
Resolving disputes with Etisalat: new committee meeting today

Resolving disputes with Etisalat: new committee meeting today

Privatisation minister Waqar Ahmad Khan has been given the responsibility of resolving the longstanding dispute with Etisalat of UAE on the issuance of Long Distance International (LDI) licence to China Mobile Pakistan (known as Zong), and auction of 3G s
Published 28 Sep, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
Resolving disputes with Etisalat: new committee meeting today

Resolving disputes with Etisalat: new committee meeting today

Privatisation minister Waqar Ahmad Khan has been given the responsibility of resolving the longstanding dispute with Etisalat of UAE on the issuance of Long Distance International (LDI) licence to China Mobile Pakistan (known as Zong), and auction of 3G s
Published 28 Sep, 2010 12:00am
Resolving disputes with Etisalat: new committee meeting today

Resolving disputes with Etisalat: new committee meeting today

Privatisation minister Waqar Ahmad Khan has been given the responsibility of resolving the longstanding dispute with Etisalat of UAE on the issuance of Long Distance International (LDI) licence to China Mobile Pakistan (known as Zong), and auction of 3G s
Published 28 Sep, 2010 12:00am
Taliban have reached out to reconcile: Petraeus

Taliban have reached out to reconcile: Petraeus

The top commander in Afghanistan says Taliban leaders have reached out to the Afghan government seeking reconciliation. General David Petraeus told reporters Monday that very high-level Taliban leaders have reached out to the highest levels of the governm
Published 28 Sep, 2010 12:00am
Taliban have reached out to reconcile: Petraeus

Taliban have reached out to reconcile: Petraeus

The top commander in Afghanistan says Taliban leaders have reached out to the Afghan government seeking reconciliation. General David Petraeus told reporters Monday that very high-level Taliban leaders have reached out to the highest levels of the governm
Published 28 Sep, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
'Problems of government officials to be resolved'

'Problems of government officials to be resolved'

Senior Advisor to Chief Minister Punjab Sardar Zulfiqar Ali Khan Khosa has said the government will resolve the problems being faced by the government officials apart from extending all out assistance to them so that they could perform their official duti
Published 28 Sep, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
20th session of Punjab Assembly on October 5

20th session of Punjab Assembly on October 5

Punjab Assembly Speaker Rana Muhammad Iqbal has said 20th session of the Punjab Assembly has been summoned on October 5. He disclosed this while talking to media at an opening of a sport shop here on Monday. He said there is no substance in the rumours of
Published 28 Sep, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 27, 2010).

Published 28 Sep, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 28 Sep, 2010 12:00am
Power production by IPPs down 640 megawatts

Power production by IPPs down 640 megawatts

The electricity shortfall between generation and demand rose to 1980MW as Independent Power Plants' (IPPs) electricity production dipped by 640MW on Monday. A PEPCO spokesman told Business Recorder that IPPs contributed 4,962MW to the national grid
Published 28 Sep, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 28 Sep, 2010 12:00am
NetSol to expand service delivery in nine countries

NetSol to expand service delivery in nine countries

NetSol Technologies Ltd on Monday announced that it has agreed upon terms for a new global framework agreement with a blue chip captive auto finance company. This global framework is another feather in NetSol's cap. It may be noted that NetSol has recentl
Published 28 Sep, 2010 12:00am
Need to maintain wheat production, reserves emphasised

Need to maintain wheat production, reserves emphasised

Besides achieving self-sufficiency in wheat production, Pakistan should also maintain its reserves to tackle food problems during natural calamities. This was stated by Dr Noor-ul-Islam, Director General Agriculture (Research), AARI while addressing a mee
Published 28 Sep, 2010 12:00am
Prime Minister directs restructuring of Railways on modern lines

Prime Minister directs restructuring of Railways on modern lines

Prime Minister Syed Yousuf Raza Gilani on Monday directed the Ministry of Railways to restructure Railways on modern and commercial lines to make it a viable financial entity. He said the root cause of operational inefficiency could be addressed by dualis
Published 28 Sep, 2010 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 28 Sep, 2010 12:00am
Health, law secretaries: LHC taking notice of inefficiency

Health, law secretaries: LHC taking notice of inefficiency

The Lahore High Court (LHC) here on Monday taking notice of inefficiency on part of health and law secretaries in implementation of a lower court's order suggested them to leave their offices and start running shops in Anarkali bazaar.
Published 28 Sep, 2010 12:00am
The Weather

The Weather

The weather report on Monday (September 27, 2010) and the forecast for Tuesday (September 28, 2010).

Published 28 Sep, 2010 12:00am
Alleged abduction: authorities given two weeks to recover boy

Alleged abduction: authorities given two weeks to recover boy

The Lahore High Court Chief (CJ) Justice here Monday hearing a 'missing person case' took strict notice of non-submission of reply from ministry of interior due to carelessness of federal law officer and gave him last chance for the purpose.
Published 28 Sep, 2010 12:00am
'SAFE Executive Leadership Forum' launched

'SAFE Executive Leadership Forum' launched

The South Asian Federation of Exchanges (SAFE) has launched a new series of executive development programmes under the title of 'SAFE Executive Leadership Forum'. According to an announcement of the SAFE here on Monday, the first of such programmes will b
Published 28 Sep, 2010 12:00am
PYMA chairman, vice chairman elected

PYMA chairman, vice chairman elected

Syed Fahim Mehmood Shah has been elected unopposed a Chairman of the Pakistan Yarn Merchants Association (PYMA) Punjab and Sarhad Zone for the year 2010-11. Jawad Asghar has been elected as Vice Chairman of the association. The elections were held under t
Published 28 Sep, 2010 12:00am
Yawar Ali elected PDA chairman

Yawar Ali elected PDA chairman

The Executive Committee of Pakistan Dairy Association (PDA) elected Syed Yawar Ali (Chairman Nestle Pakistan Limited) unanimously as Chairman Pakistan Dairy Association for year 2010-11, here on Monday. Also, Ikramul Haque (Chairman Millac Foods Limited)
Published 28 Sep, 2010 12:00am
UN chief names new envoy on Pakistan aid

UN chief names new envoy on Pakistan aid

UN Secretary General Ban Ki-moon on Monday named Rauf Engin Soysal of Turkey as his new special envoy on aid to Pakistan - taking on the crucial job of co-ordinating help for Pakistan's flood disaster. He takes the place of Jean Maurice Ripert of France,
Published 28 Sep, 2010 12:00am
Italian Football Federation donates 100,000 euros

Italian Football Federation donates 100,000 euros

The Italian Football Federation on Monday donated 100,000-euros to the flood relief effort in Pakistan. Federation president Giancarlo Abete handed over a cheque to Italian Red Cross president Patrizia Ravaioli in the presence of Pakistan's Ambassador to
Published 28 Sep, 2010 12:00am
PCHCS to set up 200 houses in Khyber Pakhtunkhwa

PCHCS to set up 200 houses in Khyber Pakhtunkhwa

Pakistan Custom Health Care Society (PCHCS) has planed to set up 200 houses in flood affected areas of Khyber Pakhtunkhwa (KP). This was stated by President Pakistan Custom Health Care Society Dr Asif Mehmood Jan on Monday while talking to newsmen. He sai
Published 28 Sep, 2010 12:00am
ZTBL sends five truckloads of relief goods to Khyber Pakhtunkhwa

ZTBL sends five truckloads of relief goods to Khyber Pakhtunkhwa

Zarai Taraqiati Bank Ltd (ZTBL) employees have dispatched relief items for 6,500 flood-affected families across the country, said ZTBL President Zaka Ashraf here on Monday. He was addressing a ceremony after dispatching five truckloads of relief goods col
Published 28 Sep, 2010 12:00am
Help to Khyber-Pukhtunkhuwa survivors: Al-Khidmat plea to nation

Help to Khyber-Pukhtunkhuwa survivors: Al-Khidmat plea to nation

Al-Khidmat Foundation, Khyber-Pukhtunkhuwa on Monday appealed to the nation to financially support it in the rehabilitation work of flood-affected people in the province. Speaking at a press conference at Karachi Press Club, Al-Khidmat President Dr Iqbal
Published 28 Sep, 2010 12:00am
ICI sets up camps to protect livestock

ICI sets up camps to protect livestock

The Animal Health Division of ICI Pakistan Limited has successfully concluded its veterinary camps in flood affected areas of Khyber Pakhtoonkhwa, Punjab and Sindh, in a bid to forestall further loss of livestock. Rural families in Pakistan rely on their
Published 28 Sep, 2010 12:00am
Aptma sees another circular debt

Aptma sees another circular debt

All Pakistan Textile Mills Association (Aptma) has said that there would be another circular debt of Rs 100 billion if the zero rating regime for textile industry was ended. Newly-elected Chairman Aptma Gohar Ejaz led a delegation, comprising representati
Published 28 Sep, 2010 12:00am
Tourism could help Pakistan overcome economic crises: LCCI

Tourism could help Pakistan overcome economic crises: LCCI

The Lahore Chamber of Commerce and Industry (LCCI) President Zafar Iqbal Chaudhry has said that Pakistan can cope with the ongoing economic crisis by focusing on tourism as it has huge potential and is one of the fastest growing sectors of the world. He w
Published 28 Sep, 2010 12:00am
Floods cause $43 billion loss to economy: Kaira

Floods cause $43 billion loss to economy: Kaira

Provincial Minister for Finance and Planning & Development, Tanvir Ashraf Kaira has said that Pakistan is passing through a very critical era because country is facing huge losses due to worst ever flood in Pakistan's history and war against terrorism is
Published 28 Sep, 2010 12:00am
Floods destroy cotton worth Rs 74 billion in South Punjab

Floods destroy cotton worth Rs 74 billion in South Punjab

Thousands of farmers of south Punjab would be forced to come on roads and protest against government because floods had played havoc in 450 villages of Muzaffargarh and Rajanpur district and their 2 million bales of cotton worth Rs 74 billion has destroye
Published 28 Sep, 2010 12:00am
All shortcomings, lacunae in Watan Cards to be removed: PML-N

All shortcomings, lacunae in Watan Cards to be removed: PML-N

Punjab Chief Minister Shahbaz Sharif said that Pakistan Muslim League-N (PML-N) has assured that all shortcomings and lacunae in Watan cards would be removed and we would not let influential people to misuse these cards and the PML-N will not support any
Published 28 Sep, 2010 12:00am
PTCL provides 500 Vfones at relief camps

PTCL provides 500 Vfones at relief camps

Leading national telecom company Pakistan Telecommunication Company Limited (PTCL), under its corporate social responsibility provided 500 Free Vfone telephones at the flood relief camps in Sindh and Balochistan. IDPs living in these camps can now make fr
Published 28 Sep, 2010 12:00am
Petition seeks contempt proceedings against Jatoi

Petition seeks contempt proceedings against Jatoi

A constitutional petition was filed before the Supreme Court of Pakistan seeking contempt of court proceedings against former Federal Minister for Defence Production, Abdul Qayyum Jatoi for passing derogatory remarks against judiciary and Pakistan Army.
Published 28 Sep, 2010 12:00am
Ministry of Commerce launching programme on TRTA II

Ministry of Commerce launching programme on TRTA II

The Ministry of Commerce in co-operation with the European Union (EU), is launching a Co-operation Programme on Trade Related Technical Assistance (TRTA II). The Programme will provide support to Pakistan in building the necessary capacity to address trad
Published 28 Sep, 2010 12:00am
Sugarcane crushing likely from November 1 in Khyber Pakhutnkhwa

Sugarcane crushing likely from November 1 in Khyber Pakhutnkhwa

The sugar mills of Khyber Pakhutnkhwa are likely to start sugarcane crushing from November 1 and to discuss the matter the sugarcane commissioner had convened a meeting on October 2 of the sugarcane board. This was stated by Cane Commissioner, Khyber Pakh
Published 28 Sep, 2010 12:00am
AJK government to create job opportunities

AJK government to create job opportunities

In order to overcome the unemployment problem faced by youth, especially the educated class, on permanent grounds, the AJK government was chalking out a broad-based plan to create employment opportunities, official sources said.
Published 28 Sep, 2010 12:00am
Senator's degree declared genuine

Senator's degree declared genuine

The Higher Education Commission (HEC) has declared the BA degree of senator Gul Mohammed Laat as genuine, a spokesman of the Senator said on Monday. Referring to a notification of the HEC, the spokesman said that the university of Sindh, Jamshoro has decl
Published 28 Sep, 2010 12:00am
Bradford Power wants to set up wind power project

Bradford Power wants to set up wind power project

A foreign consortium company of Canada and China M/s Bradford Power has shown interest to set up a wind power project of 200 MW in Pakistan and estimated investment of $500 million. This was said by Rafid E Louis of the Bradford Power (Pvt) Ltd while talk
Published 28 Sep, 2010 12:00am
USAID, SCCI sign MoU

USAID, SCCI sign MoU

USAID and Sarhad Chamber of Commerce and Industry (SCCI) on Monday signed a memorandum of understanding (MoU) to provide financial assistance to Khyber Pakhtunkhwa for its economic revival. Peshawar based US Consul General, Elizabeth H Rood signed the MoU
Published 28 Sep, 2010 12:00am
Increasing cost of manufacturing: SAARC CCI VP expresses concern

Increasing cost of manufacturing: SAARC CCI VP expresses concern

Vice President, SAARC Chamber of Commerce and Industry, Iftikar Ali Malik has expressed concern over every day increasing cost of manufacturing which has serious negative impact on export oriented industry. He urged the government to reduce mark-up rate,
Published 28 Sep, 2010 12:00am
Sindh University admissions: schedule notified

Sindh University admissions: schedule notified

The Director Admissions, University of Sindh (SU) has notified a new schedule of pre entry tests for admissions to various degree programmes in the varsity in academic session 2011. He announced that pre entry test for admissions to Masters Degree Program
Published 28 Sep, 2010 12:00am
Aziz Ahmed named PTA chairman

Aziz Ahmed named PTA chairman

Pakistan Tanners Association (PTA) South Zone has unanimously elected Aziz Ahmed of AMA Leather Industry as Chairman and Hamid A. Zahur, Noor Leather Garments, as Vice Chairman of the association for year 2010-11. Both the leaders have a lot of contributi
Published 28 Sep, 2010 12:00am
TMA office-bearers elected

TMA office-bearers elected

At the annual elections of Towel Manufacturers' Association (TMA) Southern Circle, held on Saturday, Syed Usman Ali was elected as the Chairman and Mehmood Rangobnwala as Vice Chairman. The following were elected Member Southern Circle Committee of the As
Published 28 Sep, 2010 12:00am
Existing quality, standards laws being modified: Swati

Existing quality, standards laws being modified: Swati

Pakistan Standards and Quality Control Authority (PSQCA) is going to introduce modifications in existing laws to bring the local quality standards with the international level. This was stated by Azam Khan Sawati, Federal Minister for Science and Technolo
Published 28 Sep, 2010 12:00am
'Social Audit Centre' at Sindh university inaugurated

'Social Audit Centre' at Sindh university inaugurated

The Vice Chancellor (VC), University of Sindh Professor Dr Nazir A. Mughal has said that research is the backbone of development and a major source for generating resources. He was speaking on the occasion of inauguration of "Social Audit Research Centre"
Published 28 Sep, 2010 12:00am
SKMCH&RC convocation on September 29

SKMCH&RC convocation on September 29

Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) is going to hold convocation September 29, 2010 to award degrees of B.Sc. (Hons) in Medical Imaging offered by SKMCH&RC in collaboration with University of Bradford, United Kingdom.
Published 28 Sep, 2010 12:00am
US MIDDAY: gold hits $1,300, silver at 30-year top

US MIDDAY: gold hits $1,300, silver at 30-year top

Gold hit a record high of $1,300 an ounce on Monday, extending a two-week rally of fresh records on concerns over an economic recovery, before easing off session highs as the dollar rose. Silver tracked the yellow metal higher, rising to a 30-year high bu
Published 28 Sep, 2010 12:00am
US MIDDAY: copper lower

US MIDDAY: copper lower

US copper futures ended lower Monday as prices paused after hitting five-month highs, but upside momentum should reassert itself in the days ahead due to a tightening market balance, analysts said. Copper for December delivery dipped 2.10 cents to end at
Published 28 Sep, 2010 12:00am
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