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Print - 2011-01-25
Toyota beats GM to end 2010 as biggest automaker

Toyota beats GM to end 2010 as biggest automaker

Toyota said Monday its group sales in 2010 rose, enabling the firm to narrowly retain its title as the world's biggest automaker despite a global safety crisis that damaged its brand image. But analysts warn that after a year that saw the recall of millio
Published 25 Jan, 2011 12:00am
Iraq central bank slams ruling putting it under cabinet

Iraq central bank slams ruling putting it under cabinet

Iraq's central bank warned on Monday that a court ruling placing it under the supervision of the cabinet rather than parliament could expose its international assets to seizure by Iraq's creditors.
Published 25 Jan, 2011 12:00am
Eurozone industrial orders rises

Eurozone industrial orders rises

Eurozone industrial new orders rose more than expected in November, data showed on Monday, confirming the strength of eurozone recovery in industry but pointing to weakness in demand for consumer goods. The European Union's statistics office, Eurostat, sa
Published 25 Jan, 2011 12:00am
Eurozone PMIs indicate rising inflation pressure

Eurozone PMIs indicate rising inflation pressure

Factories in the eurozone reported the strongest monthly price increase on record for raw materials and fuel in January, according to a business survey that again showed German strength propelling the bloc's service sector.
Published 25 Jan, 2011 12:00am
Chinese banking giant ICBC opens branch in Spain

Chinese banking giant ICBC opens branch in Spain

Chinese bank ICBC, the world's largest by market value, opened its first branch in Spain on Monday as part of an expansion in Europe that has highlighted Beijing's growing global influence. The Industrial and Commercial Bank of China branch in Madrid's ce
Published 25 Jan, 2011 12:00am
US high court rules for J. P Morgan on credit cards

US high court rules for J. P Morgan on credit cards

The Supreme Court ruled that JPMorgan Chase & Co under an old federal regulation did not have to provide written notice before raising credit card interest rates to account holders who defaulted on a payment. The justices unanimously overturned a ruling b
Published 25 Jan, 2011 12:00am
GM's China sales pass US for first time in history

GM's China sales pass US for first time in history

General Motors Co. sold more cars and trucks in China last year than it did in the US, for the first time in the company's 102-year history. Despite GM's growth in China, Toyota Motor Corp. held onto the title of world's largest automaker. The Japanese co
Published 25 Jan, 2011 12:00am
Middle Eeast markets: optimism lifts Kuwait banks; KFH at 2-year high

Middle Eeast markets: optimism lifts Kuwait banks; KFH at 2-year high

Kuwait Finance House hit a two-year high on Monday as some traders bet the Islamic lender may announce a capital increase priced at a big discount to its current share price and other local banks also advanced. KFH rose 1.6 percent to its highest close si
Published 25 Jan, 2011 12:00am
Indian shares soar

Indian shares soar

Indian shares ended 0.8 percent higher in choppy trading on Monday as investors remained cautious ahead of the central bank's monetary policy review, but financials led the gains on better-than-expected earnings. The expiry of monthly derivative contracts
Published 25 Jan, 2011 12:00am
Nikkei average rises

Nikkei average rises

Japan's Nikkei average rose on Monday on bargain hunting after a sell-off last week, with investors piling into resource shares and exporters as the mood brightened on hopes for robust earnings news this week. The Nikkei booked its biggest daily fall in t
Published 25 Jan, 2011 12:00am
Monday's early trade: Nasdaq moves higher, boosted by techs

Monday's early trade: Nasdaq moves higher, boosted by techs

US stocks extended gains, with the Nasdaq composite index up 1 percent, as a buyback plan by Intel focused investors' attention on the large-cap technology sector. The S&P 500 index was also lifted by natural resource shares on bets on global growth. The
Published 25 Jan, 2011 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks ended flat on Monday, reversing initial gains as electronics shares slipped ahead of earnings results due this week and as previously high-flying construction shares pulled back. The main TAIEX share index ended down 6.6 points at 8,947.79,
Published 25 Jan, 2011 12:00am
Miners, drugmakers lift European shares

Miners, drugmakers lift European shares

European shares edged up on Monday, as heavyweight miners rose on strong metals prices and defensive drugmakers and tobacco firms gained on concerns over the impact of rising inflation on growth prospects.
Published 25 Jan, 2011 12:00am
Chinese and Hong Kong shares fall

Chinese and Hong Kong shares fall

Shares in Shanghai and Hong Kong fell on Monday as investors played safe and pared long positions on fears that Beijing will take more aggressive measures to contain inflation. Banking shares and resource stocks were among the biggest losers in both centr
Published 25 Jan, 2011 12:00am
Singapore, Sydney bourse merger gets funding

Singapore, Sydney bourse merger gets funding

Singapore's stock exchange said Monday it has secured around $3.7 billion in funding from six banks for a proposed merger with Sydney's bourse. SGX said in a statement the funding consisted of term loans of Sg$3.8 billion and Aus$750 million from leading
Published 25 Jan, 2011 12:00am
Seoul shares up

Seoul shares up

Seoul shares edged up on Monday, helped by a bounce in technology issues and crude refiners including LG Display and SK Innovation, but declines in financials weighed. The Korea Composite Stock Price Index finished up 0.59 percent at 2,082.16 points. The
Published 25 Jan, 2011 12:00am
Tobaccos, drugs, commodities drive FTSE higher

Tobaccos, drugs, commodities drive FTSE higher

Britain's top share index closed higher on Monday, driven by strong tobacco stocks, drugmakers and commodity issues, though banks fell on concerns about capital constraints. The FTSE 100 ended up 47.60 points, or 0.8 percent, at 5,943.85, bouncing back af
Published 25 Jan, 2011 12:00am
Display centre for women entrepreneurs to be set up soon

Display centre for women entrepreneurs to be set up soon

Federal Minister for Women Development, Firdous Ashiq Awan has said plan has been finalised to establish a sizeable and well-equipped display center exclusively for women entrepreneurs in Lahore to strengthen the role of women for the economic development
Published 25 Jan, 2011 12:00am
Former judges visit LHCBA

Former judges visit LHCBA

Former judges of Lahore High Court, Hafiz Abdul Rehman Ansari, Mian Shahid Iqbal, Shaukat Umar Pirzada, Tariq Javed, Waqar Hasan Mir, and Anwar Bhaur whom the Judicial Commission had refused an extension visited the Lahore High Court Bar Association (LHCB
Published 25 Jan, 2011 12:00am
CDGL privatising solid waste management system

CDGL privatising solid waste management system

Under the directions of Chief Minister Punjab, Mohammad Shahbaz Sharif, City District Government Lahore (CDGL) has launched privatisation process of solid waste management system in the city.
Published 25 Jan, 2011 12:00am
LHC restrains teachers from observing boycott

LHC restrains teachers from observing boycott

The Advocate General Punjab has informed the Lahore High Court (LHC) that neither a single student has been expelled from college nor fee has been increased but teachers are still using students and holding protest demonstrations.
Published 25 Jan, 2011 12:00am
'Nadra Lahore office disposing of complaints expeditiously'

'Nadra Lahore office disposing of complaints expeditiously'

National Database Registration Authority (Nadra) Lahore Region has received 1,069 complaints during last one and half month, out of which 60 percent were disposed on the spot. Similarly, as many as 1,456 complaints were received during 'open katcheries' a
Published 25 Jan, 2011 12:00am
ECP urges political parties to exercise self-restraint

ECP urges political parties to exercise self-restraint

Election Commission of Pakistan (ECP) has requested political parties and candidates to follow provisions of law and exercise self-restraint during by-election of PK-87 Shangla-1 on January 29.
Published 25 Jan, 2011 12:00am
Dual office case: LHC adjourns hearing till January 31

Dual office case: LHC adjourns hearing till January 31

The Lahore High Court (LHC) chief justice Ijaz Ahmed Chaudhry has observed that after 18th amendment head of a ruling political party seems to be more powerful than the Prime Minister. The Chief justice passed these remarks while heading a full bench, whi
Published 25 Jan, 2011 12:00am
Gilani orders feasibility for all-weather Gilgit airport

Gilani orders feasibility for all-weather Gilgit airport

Prime Minister Yousuf Raza Gilani on Monday directed preparation of a feasibility report for an all weather international airport and an IT university at Gilgit. Gilani had announced up-gradation of the Gilgit airport in September 2009 to cater to larger
Published 25 Jan, 2011 12:00am
Sharmila hails reinstatement of sacked KESC employees

Sharmila hails reinstatement of sacked KESC employees

Adviser to Chief Minister Sindh on Information, Sharmila Faruqui, has termed the reinstatement of over 4,000 sacked employees of Karachi Electric Supply Company (KESC) as the victory of Pakistan Peoples Party's government and coalition partners.
Published 25 Jan, 2011 12:00am
Baig lauds Foreign Minister's efforts to eradicate corruption

Baig lauds Foreign Minister's efforts to eradicate corruption

Senator Dr Abdul Hafeez Shaikh, Minister for Finance and Economic Affairs at a dinner reception hosted by Dr Mirza Ikhtiar Baig, Advisor to Prime Minister on Textile said that he has personally ensured transparent payment of sales tax refund of more than
Published 25 Jan, 2011 12:00am
Targeted killings in Karachi: PAC directs ministry to submit details

Targeted killings in Karachi: PAC directs ministry to submit details

Public Accounts Committee (PAC) of National Assembly directed the Ministry of Interior to submit details of the target killers arrested in Karachi so far. The meeting was chaired by Chaudhry Nisar Ali Khan here on Monday who expressed serious concerns on
Published 25 Jan, 2011 12:00am
Need to manage hydrological, geological events emphasised

Need to manage hydrological, geological events emphasised

Efficient management of extreme events of hydrological or geological nature at all tiers will not only save precious human lives, but will also minimise material and financial losses and damages to assets and property.
Published 25 Jan, 2011 12:00am
Gas pipeline blown up in Dera Bugti

Gas pipeline blown up in Dera Bugti

Unidentified armed men blew up pipeline linking Sui gas plant to Paish Bogi gas wells, on Monday morning. When contacted Media Manager Sui Southern Gas Company (SSGC), Anayatullah Ismail confirmed that unknown men had blown up 24-inch diameters gas pipeli
Published 25 Jan, 2011 12:00am
BB's reconciliation vision termed guiding force for government

BB's reconciliation vision termed guiding force for government

Prime Minister Syed Yousuf Raza Gilani on Monday said that Shaheed Benazir Bhutto's vision of political reconciliation has served as a guiding force for the Government in resolving national issues. The restoration of 1973 Constitution in its original form
Published 25 Jan, 2011 12:00am
11 Pakistanis going mobile every minute: Mobilink chief executive

11 Pakistanis going mobile every minute: Mobilink chief executive

"Every minute roughly 11 Pakistanis become a part of the cellular community. More than 430,000 SMS messages and 160,000 voice minutes are being exchanged even now as I speak," said Rashid Khan, President and CEO Mobilink, Pakistan's market leader in cellu
Published 25 Jan, 2011 12:00am
PTCL holds certificate distribution ceremony

PTCL holds certificate distribution ceremony

Pakistan Telecommunication Company LTD (PTCL) held a certificate distribution ceremony on the successful accomplishment of the three-week comprehensive training programme on "Management Development Programme" (MDP) here on Monday.
Published 25 Jan, 2011 12:00am
FBR planning to reintroduce 'Reward Scheme'

FBR planning to reintroduce 'Reward Scheme'

Federal Board of Revenue (FBR) is planning to reintroduce 'Reward Scheme' to boost the performance of tax officials, albeit the same remained unsuccessful and created financial constraints for revenue body in past, Business Recorder learnt on Monda
Published 25 Jan, 2011 12:00am
'China cooperating with Pakistan in all sectors'

'China cooperating with Pakistan in all sectors'

A delegation of Chinese Company M/s Shaanxi Xintong Intelligent Company demonstrated the working of solar energy water pump, Sprinkle and Drip Irrigation system at village Mann near Kasur, says a press release received here on Monday. The President of Zar
Published 25 Jan, 2011 12:00am
Euro interbank rates up

Euro interbank rates up

Key euro-priced interbank rates edged up on Monday, reflecting expectations the European Central Bank will hike rates as early as end-2011 but a pickup in excess cash in the system could slow the upward march in the interim.
Published 25 Jan, 2011 12:00am
Euro off nine-week high in Asia

Euro off nine-week high in Asia

The euro backed off a nine-week high on Monday with sharp gains of the past two weeks on easing worries about eurozone debt inducing profit-taking, while more neutral market positioning may make its advance milder.
Published 25 Jan, 2011 12:00am
Early trade in New York: euro climbs versus dollar

Early trade in New York: euro climbs versus dollar

The euro rose for a fifth day on Monday, climbing to a fresh two-month high against the dollar as investors overcame earlier doubts on the currency's prospects and pushed it through key technical and trading levels on expectations of higher eurozone inter
Published 25 Jan, 2011 12:00am
Early trade in New York: euro climbs versus dollar

Early trade in New York: euro climbs versus dollar

The euro rose for a fifth day on Monday, climbing to a fresh two-month high against the dollar as investors overcame earlier doubts on the currency's prospects and pushed it through key technical and trading levels on expectations of higher eurozone inter
Published 25 Jan, 2011 12:00am
Euro falls in London

Euro falls in London

The euro backed off a two-month high against the dollar on Monday after an early burst of buying ran out of steam, while political turmoil in Ireland highlighted uncertainties facing heavily indebted eurozone countries.
Published 25 Jan, 2011 12:00am
Swiss franc up

Swiss franc up

The Swiss franc tracked the euro lower against the dollar on Monday as the single currency eased off a nine-week high against the greenback after a strong rise in recent sessions on the back of easing eurozone debt worries. The franc ticked slightly highe
Published 25 Jan, 2011 12:00am
Thai baht hits four-month low

Thai baht hits four-month low

The Thai baht hit a four-month low against the dollar on Monday and the Indonesian rupiah and Philippine peso wavered as foreigners rotated out of last year's high-performing equity and bond markets.
Published 25 Jan, 2011 12:00am
Yuan at record high

Yuan at record high

China's yuan ended at a record high versus the dollar on Monday after it traded above the central bank's mid-point and traders said the currency appeared poised for slow but steady appreciation this year. On Monday, the PBOC fixed the yuan's mid-point ver
Published 25 Jan, 2011 12:00am
Aussie dollar struggles

Aussie dollar struggles

The Australian dollar slipped on Monday after lower-than-expected producer prices stirred speculation that upcoming consumer prices could also be benign, bolstering the case for the central bank to keep rates on hold for longer.
Published 25 Jan, 2011 12:00am
Indian rupee weakens

Indian rupee weakens

The Indian rupee weakened on Monday, weighed by losses in the euro versus the dollar but gains in domestic shares helped limit further downside. The partially convertible rupee closed at 45.67/68 per dollar, weaker from 45.615/625 at close on Friday when
Published 25 Jan, 2011 12:00am
Sterling falls versus dollar and euro

Sterling falls versus dollar and euro

Sterling eased against the dollar on Monday, as traders took profits after the UK currency scaled two-month highs last week and on nagging doubts about whether Britain's interest rates are headed higher in coming months.
Published 25 Jan, 2011 12:00am
Karzai to open Afghan parliament Wednesday

Karzai to open Afghan parliament Wednesday

Afghan President Hamid Karzai is to open the country's parliament Wednesday, his office said in a statement, after a stand-off with lawmakers which threatened a constitutional crisis. The president and lawmakers clashed over the legality of a Supreme Cour
Published 25 Jan, 2011 12:00am
Sarkozy hacked on Facebook

Sarkozy hacked on Facebook

President Nicolas Sarkozy says his Facebook page got hacked and he jokingly used the opportunity to poke fun at the intruder's spelling mistakes in a fake message saying the French leader won't seek a second term. Sarkozy wrote Monday on his official Face
Published 25 Jan, 2011 12:00am
US fitness guru Jack LaLanne dies at 96

US fitness guru Jack LaLanne dies at 96

Fitness guru Jack LaLanne, a brawny showman who towed boats while swimming handcuffed to encourage Americans to get healthy, has died at the age of 96, a spokeswoman for his company said Monday.
Published 25 Jan, 2011 12:00am
Cost of natural disasters $109 billion in 2010: UN

Cost of natural disasters $109 billion in 2010: UN

Natural disasters caused $109 billion in economic damage last year, three times more than in 2009, with Chile and China bearing most of the cost, the United Nations said on Monday. The 8.8-magnitude earthquake that struck Chile in February cost $30 billio
Published 25 Jan, 2011 12:00am
Queen Victoria stamps set Hong Kong record

Queen Victoria stamps set Hong Kong record

A block of 19th-century Hong Kong postage stamps featuring Queen Victoria's head sold for a record $820,000 at a weekend auction in the former British colony, organisers said Monday.
Published 25 Jan, 2011 12:00am
Watchdog slams UN, EU's human rights 'cowardice'

Watchdog slams UN, EU's human rights 'cowardice'

The UN and EU stand accused of "cowardice" for claiming to tackle human rights abuses in places like China through soft diplomacy, Human Rights Watch said in its annual report Monday. Highlighting its claim, the report on global human rights violations wa
Published 25 Jan, 2011 12:00am
Hezbollah-backed Mikati set to lead Lebanon government

Hezbollah-backed Mikati set to lead Lebanon government

Hezbollah and its allies won support on Monday to nominate their candidate for Lebanon's prime minister, giving them the upper hand in attempts to form a government and sparking accusations of a pro-Iranian coup. Telecoms tycoon Najib Mikati, who is backe
Published 25 Jan, 2011 12:00am
Triple attacks in Iraq kill 12

Triple attacks in Iraq kill 12

Three car bombs ripped through crowds near Iraq's shrine city of Karbala on Monday, killing 12 people and wounding dozens in fresh attacks on pilgrims arriving for religious rituals. "There were three car bomb explosions, two at 8:30 AM (05:30 GMT) and an
Published 25 Jan, 2011 12:00am
Argentine dictatorship's army chief dies in prison

Argentine dictatorship's army chief dies in prison

, A former Argentine army chief during the 1976-1983 military dictatorship has died in prison ahead of a new trial for his part in the kidnapping of babies during that regime, his lawyer said Sunday.
Published 25 Jan, 2011 12:00am
Indian classical singer dies

Indian classical singer dies

Vocalist Pandit Bhimsen Joshi, a leading figure of Indian classical music, has died after a prolonged illness. He was 89. Joshi was hospitalised three weeks ago in the western city of Pune complaining of shortness of breath, a Sahyadri hospital official s
Published 25 Jan, 2011 12:00am
Iran hangs two for involvement in vote unrest

Iran hangs two for involvement in vote unrest

Iran executed two members of an exiled opposition group on Monday who it said were involved in turmoil after the disputed 2009 presidential election, the official IRNA news agency reported.
Published 25 Jan, 2011 12:00am
Two Florida cops killed in shootout

Two Florida cops killed in shootout

Authorities say two Florida police officers were fatally shot while trying to arrest a suspect hiding in an attic. St. Petersburg Chief Chuck Harmon confirmed the deaths Monday. He says a US marshal also was wounded and is being treated at a hospital. He
Published 25 Jan, 2011 12:00am
Global Fund pledges 'zero tolerance' on corruption

Global Fund pledges 'zero tolerance' on corruption

The head of the Global Fund Against AIDS, TB and Malaria on Monday pledged "zero tolerance" for corruption following reports that it was dealing with cases that had prompted donor nation Sweden's concern.
Published 25 Jan, 2011 12:00am
Turkey slams Israeli flotilla report, issues own

Turkey slams Israeli flotilla report, issues own

Turkey released details on Monday of its own report into the bloody seizure of a Gaza-bound Turkish aid ship, a day after Israel published contradictory findings that reignited a furious dispute between the two.
Published 25 Jan, 2011 12:00am
'Emergency Action Plan for Polio Eradication' launched

'Emergency Action Plan for Polio Eradication' launched

President Asif Ali Zardari on Monday formally launched 'National Emergency Action Plan 2011 for Polio Eradication' at the President's House by administering polio drops to orphan children from all the provinces, vowing to eradicate polio from the country.
Published 25 Jan, 2011 12:00am
Countrywide tree plantation campaign from February 15

Countrywide tree plantation campaign from February 15

Inter-Provincial Committee on Environment (IPCE) has fixed spring tree plantation target as 53.35 million saplings across the country, which would start from February 15. The committee fixed targets for the campaign after reviewing previous achievements.
Published 25 Jan, 2011 12:00am
APCNGA's demand to end two-day gas loadshedding rejected

APCNGA's demand to end two-day gas loadshedding rejected

Ministry of Petroleum has turned down the demand of All Pakistan CNG Association (APCNGA) to end a two-day gas loadshedding for CNG stations under Gas Load Management Plan (GLMP), Business Recorder has learnt. But the Ministry has assured the assoc
Published 25 Jan, 2011 12:00am
Etihad increases flights to Jeddah

Etihad increases flights to Jeddah

Etihad Airways will expand its flying programme to Jeddah from February 1, increasing from a daily service to 12 services per week offering more options for their guests travelling from Karachi, Lahore, Islamabad and Peshawar to the Holy cities of Makkah
Published 25 Jan, 2011 12:00am
Fehmida meets Zardari

Fehmida meets Zardari

Speaker National Assembly Dr Fehmida Mirza called on President Asif Ali Zardari here in the Presidency on Monday. She briefed the President about her recent visits to UK and UAE and her participation in the annual meeting of the Standing Committee of the
Published 25 Jan, 2011 12:00am
PPMA criticises devolution of health ministry

PPMA criticises devolution of health ministry

After the devolution of Health Ministry to provinces under the 18th Amendment, the pharmaceutical industry may face colossal losses, closure of business and sharp decline in exports, as drug registration, issuing licences etc are the federal subjects.
Published 25 Jan, 2011 12:00am
Pakistan is attractive country for investment: Wang Zo

Pakistan is attractive country for investment: Wang Zo

President of Dyes Industries Association China Wang Zo, who is heading a 24-member visiting Chinese delegation, has termed Pakistan as an attractive country for investment and carrying out joint ventures with Pakistan counterparts. Speaking at a dinner ho
Published 25 Jan, 2011 12:00am
Handing over of PIA routes to foreign airlines denied

Handing over of PIA routes to foreign airlines denied

Defence Minister Chaudhry Mukhtar on Monday denied handing over of profitable routes of Pakistan International Airline to any foreign airline. Responding to a calling attention notice in National Assembly, he said, "I assure the honourable house that the
Published 25 Jan, 2011 12:00am
Economic turnaround: US doing everything to help Pakistan: Munter

Economic turnaround: US doing everything to help Pakistan: Munter

Addressing Pakistan's 25 fast-growing entrepreneurs, US ambassador to Pakistan, Cameron Munter on Monday said the United State is putting every possible acts together to make Pakistan see a turnaround on economic front and as part to support Pakistan's ec
Published 25 Jan, 2011 12:00am
Kashmiris to observe black day on January 26

Kashmiris to observe black day on January 26

Kashmiris on both sides of the Line of Control and across the world will observe Indian Republic Day, on Wednesday, as Black Day to remind the international community that India's continued denial of Kashmiris' right to self-determination is contrary to i
Published 25 Jan, 2011 12:00am
Government criticised for taking foreign dictation

Government criticised for taking foreign dictation

Jamiat Ulema-e-Islam-Fazal (JUI-F) Chief Maulana Fazal-ur-Rehman Monday alleged that the present government has left behind the former Musharraf led-regime in following foreign dictation. Talking to journalists outside Parliament House, he deplored that t
Published 25 Jan, 2011 12:00am
New York cotton rises daily limit on China

New York cotton rises daily limit on China

US cotton futures finished Monday at its highest level in almost 150 years, spurred by tight supplies in the United States and in China as the market's rally shows no sign of slowing down soon.
Published 25 Jan, 2011 12:00am
Tokyo, Shanghai rubber set another record

Tokyo, Shanghai rubber set another record

Tokyo rubber futures rose further on Monday, setting another record high, because of concern about tight supply from producing countries, dealers said.
Published 25 Jan, 2011 12:00am
First LME Asia Benchmark Prices Fix and Copper Off SINGAPORE

First LME Asia Benchmark Prices Fix and Copper Off SINGAPORE

The London Metal Exchange generated its first Asia benchmark prices for copper, aluminium and zinc on Monday, at $9,550, $2,432 and $2,345.6 per tonne, respectively. The values are a volume-weighted average of trades on the LME's electronic platform in a
Published 25 Jan, 2011 12:00am
Tin hits record high

Tin hits record high

Copper prices rose on Monday, as concerns about Chinese demand abated, and tin prices hit a record high with supply constraints supporting the outlook for both metals. A weaker US dollar also helped metals, by making dollar priced commodities cheaper for
Published 25 Jan, 2011 12:00am
Malaysian palm oil off 2-1/2 week high

Malaysian palm oil off 2-1/2 week high

Malaysian palm oil futures ended off a two week high on Monday, tracking comparative vegetable oil prices higher as traders were concerned the ongoing rally might dent demand.
Published 25 Jan, 2011 12:00am
Liffe cocoa up on Ivorian export ban call

Liffe cocoa up on Ivorian export ban call

Liffe May cocoa ended 47 pounds higher at 2,161 pounds a tonne on Monday after earlier rising to a six-month peak of 2,269 pounds. Prices soared after Ivory Coast's Alassane Outtara declared a month-long export ban although dealers said the initial surge
Published 25 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Monday (January 24, 2011) and the forecast for Tuesday (January 25, 2011).

Published 25 Jan, 2011 12:00am
Brent, US oil dip

Brent, US oil dip

ICE Brent crude prices edged lower in choppy trading on Monday, and US crude retreated as pressure from high inventories offset hope that rebounding economies would lift demand this year
Published 25 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 24, 2011).

Published 25 Jan, 2011 12:00am
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