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Print - 2012-08-26
First man on moon Neil Armstrong dead at 82

First man on moon Neil Armstrong dead at 82

Former US astronaut, Neil Armstrong, the first man to set foot on the moon, has died at the age of 82, his family said on Saturday. Armstrong underwent a heart-bypass surgery earlier this month, just two days after his birthday on August 5, to relieve blo
Published 26 Aug, 2012 12:00am
First man on moon Neil Armstrong dead at 82

First man on moon Neil Armstrong dead at 82

Former US astronaut, Neil Armstrong, the first man to set foot on the moon, has died at the age of 82, his family said on Saturday. Armstrong underwent a heart-bypass surgery earlier this month, just two days after his birthday on August 5, to relieve blo
Published 26 Aug, 2012 12:00am
Explosion kills 26 at Venezuela's biggest refinery

Explosion kills 26 at Venezuela's biggest refinery

An explosion tore through Venezuela's biggest oil refinery on Saturday, killing at least 26 people, wounding more than 50 and halting the facility's operations in the Opec nation's worst industrial accident in recent memory. Energy Minister Rafael Ramirez
Published 26 Aug, 2012 12:00am
Explosion kills 26 at Venezuela's biggest refinery

Explosion kills 26 at Venezuela's biggest refinery

An explosion tore through Venezuela's biggest oil refinery on Saturday, killing at least 26 people, wounding more than 50 and halting the facility's operations in the Opec nation's worst industrial accident in recent memory. Energy Minister Rafael Ramirez
Published 26 Aug, 2012 12:00am
NTC slaps anti-dumping duty on BOPP film

NTC slaps anti-dumping duty on BOPP film

The National Tariff Commission (NTC) has imposed provisional anti-dumping duty on import of Biaxially Oriented Poly Propylene (BOPP) film, ranging between 22.92 to 62.70 percent from China, United Arab Emirates (UAE), Oman and Saudi Arabia. Sources told <
Published 26 Aug, 2012 12:00am
NTC slaps anti-dumping duty on BOPP film

NTC slaps anti-dumping duty on BOPP film

The National Tariff Commission (NTC) has imposed provisional anti-dumping duty on import of Biaxially Oriented Poly Propylene (BOPP) film, ranging between 22.92 to 62.70 percent from China, United Arab Emirates (UAE), Oman and Saudi Arabia. Sources told <
Published 26 Aug, 2012 12:00am
NTC slaps anti-dumping duty on BOPP film

NTC slaps anti-dumping duty on BOPP film

The National Tariff Commission (NTC) has imposed provisional anti-dumping duty on import of Biaxially Oriented Poly Propylene (BOPP) film, ranging between 22.92 to 62.70 percent from China, United Arab Emirates (UAE), Oman and Saudi Arabia. Sources told <
Published 26 Aug, 2012 12:00am
Christian girl cannot read: Vatican

Christian girl cannot read: Vatican

French Cardinal Jean-Louis Tauran on Saturday went to the defence of the young Pakistani girl accused of blasphemy, stressing that she "cannot read or write." Interviewed on Radio Vatican, Tauran, who is in charge of interfaith dialogue in the Vatican, sa
Published 26 Aug, 2012 12:00am
Christian girl cannot read: Vatican

Christian girl cannot read: Vatican

French Cardinal Jean-Louis Tauran on Saturday went to the defence of the young Pakistani girl accused of blasphemy, stressing that she "cannot read or write." Interviewed on Radio Vatican, Tauran, who is in charge of interfaith dialogue in the Vatican, sa
Published 26 Aug, 2012 12:00am
Zardari, Manmohan to meet at Tehran NAM summit

Zardari, Manmohan to meet at Tehran NAM summit

Indian Prime Minister Manmohan Singh will meet with President Asif Ali Zardari on the sidelines of the Non-Aligned Movement (NAM) summit scheduled to be held in Tehran, Iran later this month, reported The Times of India newspaper on Saturday. This will be
Published 26 Aug, 2012 12:00am
Zardari, Manmohan to meet at Tehran NAM summit

Zardari, Manmohan to meet at Tehran NAM summit

Indian Prime Minister Manmohan Singh will meet with President Asif Ali Zardari on the sidelines of the Non-Aligned Movement (NAM) summit scheduled to be held in Tehran, Iran later this month, reported The Times of India newspaper on Saturday. This will be
Published 26 Aug, 2012 12:00am
Hearing of case against Prime Minister tomorrow

Hearing of case against Prime Minister tomorrow

The Supreme Court will on August 27 resume the contempt of court hearing against Prime Minister Raja Pervez Ashraf as he has been issued notice to appear before the apex court and explain government's inability in relation to implementation of its verdict
Published 26 Aug, 2012 12:00am
Hearing of case against Prime Minister tomorrow

Hearing of case against Prime Minister tomorrow

The Supreme Court will on August 27 resume the contempt of court hearing against Prime Minister Raja Pervez Ashraf as he has been issued notice to appear before the apex court and explain government's inability in relation to implementation of its verdict
Published 26 Aug, 2012 12:00am
Judiciary important state organ: CJP

Judiciary important state organ: CJP

Chief Justice of Pakistan (CJP) Justice Iftikhar Muhammad Chaudhry on Saturday said that the judiciary was an important state organ in a democratic set-up. Addressing the participants at two-day Law Conference here at Sindh High Court Sukkur Bench, he sai
Published 26 Aug, 2012 12:00am
Judiciary important state organ: CJP

Judiciary important state organ: CJP

Chief Justice of Pakistan (CJP) Justice Iftikhar Muhammad Chaudhry on Saturday said that the judiciary was an important state organ in a democratic set-up. Addressing the participants at two-day Law Conference here at Sindh High Court Sukkur Bench, he sai
Published 26 Aug, 2012 12:00am
Apple triumphs over Samsung in landmark patent case

Apple triumphs over Samsung in landmark patent case

Apple Inc scored a sweeping legal victory over Samsung on Friday as a US jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the US company $1.05 billion in damages. The verdict - which came after l
Published 26 Aug, 2012 12:00am
Apple triumphs over Samsung in landmark patent case

Apple triumphs over Samsung in landmark patent case

Apple Inc scored a sweeping legal victory over Samsung on Friday as a US jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the US company $1.05 billion in damages. The verdict - which came after l
Published 26 Aug, 2012 12:00am
Apple triumphs over Samsung in landmark patent case

Apple triumphs over Samsung in landmark patent case

Apple Inc scored a sweeping legal victory over Samsung on Friday as a US jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the US company $1.05 billion in damages. The verdict - which came after l
Published 26 Aug, 2012 12:00am
India test-fires nuclear-capable missile

India test-fires nuclear-capable missile

India successfully tested a nuclear-capable ballistic missile on Saturday from an eastern military base, defence officials said. The surface-to-surface missile with a range of 350 kilometres was fired from a test range at Chandipur in the state of Orissa,
Published 26 Aug, 2012 12:00am
India test-fires nuclear-capable missile

India test-fires nuclear-capable missile

India successfully tested a nuclear-capable ballistic missile on Saturday from an eastern military base, defence officials said. The surface-to-surface missile with a range of 350 kilometres was fired from a test range at Chandipur in the state of Orissa,
Published 26 Aug, 2012 12:00am
Security forces kill 28 suspected militants

Security forces kill 28 suspected militants

At least 28 suspected Taliban militants were killed in north-western Pakistan, along the Afghan border, security forces said Saturday. The security forces and pro-government tribal militia conducted a joint operation in the Salarzai area of Bajaur, one of
Published 26 Aug, 2012 12:00am
Security forces kill 28 suspected militants

Security forces kill 28 suspected militants

At least 28 suspected Taliban militants were killed in north-western Pakistan, along the Afghan border, security forces said Saturday. The security forces and pro-government tribal militia conducted a joint operation in the Salarzai area of Bajaur, one of
Published 26 Aug, 2012 12:00am
War against terror: Imran calls for including tribesmen in peace process

War against terror: Imran calls for including tribesmen in peace process

People of Waziristan and other tribal areas should be brought into the national mainstream and including them in peace process for ending the war against terror, Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said on Saturday. Addressing a press conferen
Published 26 Aug, 2012 12:00am
War against terror: Imran calls for including tribesmen in peace process

War against terror: Imran calls for including tribesmen in peace process

People of Waziristan and other tribal areas should be brought into the national mainstream and including them in peace process for ending the war against terror, Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said on Saturday. Addressing a press conferen
Published 26 Aug, 2012 12:00am
Drone strike may have killed Haqqani network leader

Drone strike may have killed Haqqani network leader

A CIA drone strike in Pakistan may have killed the operational commander of the Haqqani network, the insurgent group behind some of the most high-profile attacks on Western and Afghan government targets in Afghanistan, Pakistani intelligence officials and
Published 26 Aug, 2012 12:00am
Drone strike may have killed Haqqani network leader

Drone strike may have killed Haqqani network leader

A CIA drone strike in Pakistan may have killed the operational commander of the Haqqani network, the insurgent group behind some of the most high-profile attacks on Western and Afghan government targets in Afghanistan, Pakistani intelligence officials and
Published 26 Aug, 2012 12:00am
The Weather

The Weather

The weather report on Saturday (August 25, 2012) and the forecast for Sunday (August 26, 2012).

Published 26 Aug, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (August 25, 2012) and for Sunday(August 26, 2012).
Published 26 Aug, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 25, 2012).

Published 26 Aug, 2012 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 (August 25, 2012).

Published 26 Aug, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (August 25, 2012).

Published 26 Aug, 2012 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 (August 25, 2012).

Published 26 Aug, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 25, 2012).

Published 26 Aug, 2012 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 (August 25, 2012).

Published 26 Aug, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
Port Qasim Authority

Port Qasim Authority

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
Port Qasim Authority

Port Qasim Authority

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
THE RUPEE: dollar at 95

THE RUPEE: dollar at 95

As a result of payment to the International Monetary Fund (IMF), demand for dollars went up, which caused slight fall in the value of the rupee in the open market on Saturday, dealers said. The dollar became dearer after the payment of 397 million dollars
Published 26 Aug, 2012 12:00am
THE RUPEE: dollar at 95

THE RUPEE: dollar at 95

As a result of payment to the International Monetary Fund (IMF), demand for dollars went up, which caused slight fall in the value of the rupee in the open market on Saturday, dealers said. The dollar became dearer after the payment of 397 million dollars
Published 26 Aug, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (August 25, 2012).

Published 26 Aug, 2012 12:00am
European vegetable oil firmer

European vegetable oil firmer

Asking prices on the European vegetable oil market were slightly firmer on Friday on concerns that the United States' drought-hit soyabean crop yields were lower than the government forecast. "Prices are firm on concerns about the soyabean and corn yields
Published 26 Aug, 2012 12:00am
Trading activity, rates improve on cotton market

Trading activity, rates improve on cotton market

Mills and spinners were active on the cotton market on Saturday in process trading, dealers said. Official spot rate was unchanged at Rs 5850, they said. In the ready business nearly 15,000 bales of cotton changed hands between Rs 5900-6100, they said. Th
Published 26 Aug, 2012 12:00am
Europe's cash cocoa butter prices up again

Europe's cash cocoa butter prices up again

Price ratios for cocoa butter, a key chocolate ingredient, were up once more in Europe's cash cocoa market this week as supplies tightened, with talk several large cocoa grinders had further cut production and reduced working hours, traders said on Friday
Published 26 Aug, 2012 12:00am
Masoor higher on grain market

Masoor higher on grain market

Modest trading was witnessed on the wholesale grain market on Saturday masoor and masoor dal Canada recorded a rise of rupees 200-300 though most of the participants were on sidelines due to higher prices, dealers said.
Published 26 Aug, 2012 12:00am
Brazilian cane mills pump out sugar

Brazilian cane mills pump out sugar

Brazilian cane mills pumped out just over 3 million tonnes of sugar in the first two weeks of August with the help of dry weather, a volume 14 percent greater than the same fortnight a year ago, milling association Unica said on Thursday. Despite the rapi
Published 26 Aug, 2012 12:00am
Port Qasim's activities

Port Qasim's activities

A cargo volume of 45,090 tonnes comprising 37,614 tonnes of import cargo and 7,476 tonnes of export cargo inclusive 666 loaded & empty containers (TEUs) was handled at Port Qasim during last 24 hours on Saturday. The total import cargo of 37,614 tonnes in
Published 26 Aug, 2012 12:00am
Indian soyaoil futures rise on firm world market

Indian soyaoil futures rise on firm world market

Indian soyaoil futures rose for a fourth straight day on Friday, supported by an upside in the world market, weak rupee and good demand in the local spot markets. Soyabean and rapeseed also rose, tracking firm cues from overseas markets, but recent rainfa
Published 26 Aug, 2012 12:00am
Indian coffee prices fall

Indian coffee prices fall

Coffee prices in India fell for the second straight week as exporters stayed on the sidelines after prices fell in the overseas markets, auctioneer J. Thomas & Co said in a statement on Friday. Benchmark October raw sugar futures dropped 0.35 cent, or 1.8
Published 26 Aug, 2012 12:00am
US Midwest soyabean bids fall

US Midwest soyabean bids fall

Spot soyabean basis bids tumbled in the interior US Midwest on Friday following a sharp increase of farmer sales this week that supplied processors and other facilities with enough soyabeans to last until harvest starts, dealers said. The soya basis plung
Published 26 Aug, 2012 12:00am
Grain body slashes crop forecasts as droughts bite

Grain body slashes crop forecasts as droughts bite

Devastating droughts in the United States and Russia are set to drive global stocks of maize (corn) and wheat to multi-year lows, a world cereal body said on Thursday, heightening fears of a food price crisis on a scale last seen in 2008. Wheat output fro
Published 26 Aug, 2012 12:00am
Dexia says likely to pump money into Luxembourg arm

Dexia says likely to pump money into Luxembourg arm

Franco-Belgian bank Dexia SA said it believes it will need to recapitalise its Luxembourg arm before the latter's imminent sale, which could see it demanding further money from the Belgian and French governments. Dexia, bailed out for a second time in thr
Published 26 Aug, 2012 12:00am
Carrefour unions see job cuts in France

Carrefour unions see job cuts in France

French retailer Carrefour could unveil between 500 and 600 job cuts at its various French headquarters next week, unions said on Saturday, as the company's new chief executive seeks to cut costs and turn around the company. Le Figaro newspaper reported ea
Published 26 Aug, 2012 12:00am
Maruti may double capacity at new India plant

Maruti may double capacity at new India plant

Japanese-owned Maruti Suzuki may double capacity at its planned car plant in India's Gujarat state, a report says, as it reviews strategy following deadly labour unrest at another major factory. The Gujarat plant - due to open 2015-16 - will be the first
Published 26 Aug, 2012 12:00am
China blamed for fake goods seized in Italy

China blamed for fake goods seized in Italy

Italy's police said Saturday they have seized so far this year 52 million counterfeit items, including train tickets, smartphones, condoms and detergents, with much of them coming from China. The financial police's counter-fraud division said 97 members o
Published 26 Aug, 2012 12:00am
China needs to stabilise exports, says Wen

China needs to stabilise exports, says Wen

Chinese Premier Wen Jiabao said on Saturday that China needed more policies to stabilise the country's exports, Dow Jones Newswires reported. Wen, speaking during an inspection tour in the southern Chinese export centre of Guangdong province, also said Ch
Published 26 Aug, 2012 12:00am
Best Buy founder calls on Wall Street to pressure board

Best Buy founder calls on Wall Street to pressure board

Best Buy founder Richard Schulze has reached out to some of the retailer's top shareholders and Wall Street analysts, hoping they will press the company to allow his up to $8.8 billion buyout proposal to move forward, sources familiar with the matter said
Published 26 Aug, 2012 12:00am
Japan's economic assessment likely to fall

Japan's economic assessment likely to fall

The Japanese government is likely to revise down its assessment of the world's third-biggest economy for the first time since October due to slowing exports, media said on Saturday. The government is expected to point out that some business areas are weak
Published 26 Aug, 2012 12:00am
Obama calls for protecting Medicare

Obama calls for protecting Medicare

US President Barack Obama called Saturday for protecting Medicare - a government-run health insurance program for the senior, drawing a sharp distinction between his plan and that of his Republican opponents. "Here in America, we believe in keeping our pr
Published 26 Aug, 2012 12:00am
Egypt's GASC buys 180,000 tonnes of wheat

Egypt's GASC buys 180,000 tonnes of wheat

Egypt, the world's largest wheat importer, has bought 180,000 tonnes of Russian and Romanian wheat for October 1-10 shipment on a free on board basis, the main government wheat buyer said on Saturday. Nomani, vice chairman of the General Authority for Sup
Published 26 Aug, 2012 12:00am
Mouchel assets sold to lender-owned company

Mouchel assets sold to lender-owned company

The assets of British public services contractor Mouchel have been sold to a new firm owned by its lender banks and its management, after shareholders rejected an alternative restructuring plan, its administrator said on Saturday. The deal to sell the bus
Published 26 Aug, 2012 12:00am
German finance minister rejects more time for Greek reforms again

German finance minister rejects more time for Greek reforms again

Germany's finance minister reaffirmed on Saturday his opposition to giving Greece more time to carry out promised reforms, a day after Greek Prime Minister Antonis Samaras pleaded in Berlin for "more air" to implement the painful measures.
Published 26 Aug, 2012 12:00am
Petrobras says makes offshore oil discovery in Brazil

Petrobras says makes offshore oil discovery in Brazil

Brazil's state-run oil giant Petrobras said on Friday it found "good quality" crude in an ultra-deep water block in the Sergipe-Alagoas basin, its latest in a string of discoveries in one of the world's most active offshore oil frontiers. The Rio de Janei
Published 26 Aug, 2012 12:00am
Italian minister expects no economic growth in 2013

Italian minister expects no economic growth in 2013

Italian Economy Minister Vittorio Grilli expects the economy to contract by 2.1 percent this year and remain flat next year as the worsening global crisis hits the prospects of a recovery, the daily Corriere della Sera said on Saturday. The forecasts unde
Published 26 Aug, 2012 12:00am
Unprecedented drought a serious blow to Balkans agriculture

Unprecedented drought a serious blow to Balkans agriculture

An unprecedented drought in the Balkans has dealt a serious blow to agriculture, causing grave losses estimated at more than a billion euros in one of Europe's poorest regions. Temperatures over the past week in the south-eastern European region have soar
Published 26 Aug, 2012 12:00am
'Manageable' oil slick reaches Sri Lanka capital

'Manageable' oil slick reaches Sri Lanka capital

An oil slick from a rusting cargo vessel that sank in bad weather reached the coast of Sri Lanka's capital on Saturday and threatened a beach resort popular with foreign tourists, officials said. Coast conservation officials insisted that the spill - abou
Published 26 Aug, 2012 12:00am
Sweden to buy 40-60 next generation Saab Gripen jets

Sweden to buy 40-60 next generation Saab Gripen jets

Sweden said on Saturday it would buy 40-60 new JAS 39 Gripen fighter jets from aerospace firm Saab after inking a deal last year to share some of the development costs with Switzerland. Sweden has not previously said how many of the next generation Gripen
Published 26 Aug, 2012 12:00am
Sweden to buy 40-60 next generation Saab Gripen jets

Sweden to buy 40-60 next generation Saab Gripen jets

Sweden said on Saturday it would buy 40-60 new JAS 39 Gripen fighter jets from aerospace firm Saab after inking a deal last year to share some of the development costs with Switzerland. Sweden has not previously said how many of the next generation Gripen
Published 26 Aug, 2012 12:00am
Tanzania suspends port chiefs over cargo theft allegations

Tanzania suspends port chiefs over cargo theft allegations

Tanzania has suspended the head of its ports authority and six other senior port officials over allegations of cargo theft and embezzlement of public funds, the transport ministry and local media said on Friday. The government is struggling to crack down
Published 26 Aug, 2012 12:00am
Soros reveals stake in Man United

Soros reveals stake in Man United

Billionaire money manager George Soros reported a nearly 2 percent stake in Manchester United Plc on Monday, in one of the first revelations of investors in the British soccer club's controversial initial public offering earlier this month. The veteran in
Published 26 Aug, 2012 12:00am
Soros reveals stake in Man United

Soros reveals stake in Man United

Billionaire money manager George Soros reported a nearly 2 percent stake in Manchester United Plc on Monday, in one of the first revelations of investors in the British soccer club's controversial initial public offering earlier this month. The veteran in
Published 26 Aug, 2012 12:00am
Sri Lankan stocks slip

Sri Lankan stocks slip

Sri Lankan stocks fell on Friday from a two-month high on foreign selling and profit-taking after a gain of 1.9 percent in the previous two sessions, while a delay in the appointment of a new regulator also weighed on the market, dealers said. The Colombo
Published 26 Aug, 2012 12:00am
Indian bond yields fall

Indian bond yields fall

Indian federal bond yields fell on Friday as bullish cutoffs at the country's weekly debt sale signalled good demand ahead of key economic growth data next week. The government sold 150 billion rupees of bonds at lower-than-expected cutoff yields, includi
Published 26 Aug, 2012 12:00am
Indian bond yields fall

Indian bond yields fall

Indian federal bond yields fell on Friday as bullish cutoffs at the country's weekly debt sale signalled good demand ahead of key economic growth data next week. The government sold 150 billion rupees of bonds at lower-than-expected cutoff yields, includi
Published 26 Aug, 2012 12:00am
JGBs move higher

JGBs move higher

Japanese government bond prices rose on Friday as stocks withered, enhancing the appeal of safe-haven assets, with benchmark bond yields on track to end the week lower. The superlong sector continued to underperform after the previous session's disappoint
Published 26 Aug, 2012 12:00am
JGBs move higher

JGBs move higher

Japanese government bond prices rose on Friday as stocks withered, enhancing the appeal of safe-haven assets, with benchmark bond yields on track to end the week lower. The superlong sector continued to underperform after the previous session's disappoint
Published 26 Aug, 2012 12:00am
Toronto stocks end week flat on mixed messages

Toronto stocks end week flat on mixed messages

Canadian stocks closer slightly higher on Friday as banks gained ground ahead of earnings due next week, but global uncertainty lingered and gold miners retreated from a recent rally. Direction was muted as investors held back, leaving the benchmark Canad
Published 26 Aug, 2012 12:00am
Nasdaq short interest down 1.2 percent

Nasdaq short interest down 1.2 percent

Short interest on the Nasdaq dipped 1.2 percent in early August, the exchange said on Friday, suggesting a decrease in bearish sentiment in the stock market. As of August 15, short interest declined to about 7.609 billion shares, compared with 7.700 billi
Published 26 Aug, 2012 12:00am
Latam stocks mixed; Mexico ends losing streak

Latam stocks mixed; Mexico ends losing streak

Mexican stocks halted a six-day decline on Friday, while Brazilian shares pared losses to end flat following comments from the head of the US Federal Reserve suggesting the scope for possible stimulus measures. Talk that the European Central Bank could se
Published 26 Aug, 2012 12:00am
Santander to list unit in New York, Mexico

Santander to list unit in New York, Mexico

Banco Santander is looking to list its Mexican unit in Mexico and New York on September 25, a source close to the deal told Reuters late on Thursday. The move is part of Santander's bid to shake off its association with its struggling home market, allowin
Published 26 Aug, 2012 12:00am
Santander to list unit in New York, Mexico

Santander to list unit in New York, Mexico

Banco Santander is looking to list its Mexican unit in Mexico and New York on September 25, a source close to the deal told Reuters late on Thursday. The move is part of Santander's bid to shake off its association with its struggling home market, allowin
Published 26 Aug, 2012 12:00am
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