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Print - 2012-09-04
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (September 03, 2012).
Published 04 Sep, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (September 03, 2012).

Published 04 Sep, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (September 03, 2012).

Published 04 Sep, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (September 03, 2012).
Published 04 Sep, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (September 03, 2012).

Published 04 Sep, 2012 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (September 03, 2012).

Published 04 Sep, 2012 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (September 03, 2012).

Published 04 Sep, 2012 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (September 03, 2012).

Published 04 Sep, 2012 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 04 Sep, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 04 Sep, 2012 12:00am
Oil cake market rates

Oil cake market rates

Contracts were inert on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The December vaida that has closed at Rs 447.30 opened with no change at the same rate in process of trading, they said. The January contract whic
Published 04 Sep, 2012 12:00am
Prices dip marginally on better-than-expected phutti arrivals

Prices dip marginally on better-than-expected phutti arrivals

Rates slipped on the cotton market on Monday amid better-than-expected phutti arrivals, dealers said. Official spot rate was inert at Rs 5750, they said. In the ready business over 10,000 bales of cotton changed hands between Rs 5650-5800, they said. Pric
Published 04 Sep, 2012 12:00am
Prices mostly higher on grain market

Prices mostly higher on grain market

Upward trend was seen on the wholesale grain and seed market on Monday in process of moderate activity, dealers said. On the cereal side barley Sindh and Mardan gained Rs 100 to Rs 3600-3650, other commodities maintained weekend levels, they said.
Published 04 Sep, 2012 12:00am
China lifts state purchase prices of rice to help farmers

China lifts state purchase prices of rice to help farmers

China, the world's top consumer and producer of rice, on Monday increased its purchase price of the grain, under a government stockpiling plan aimed to encourage planting and boost farmers' returns. The higher floor price could push up food inflation in t
Published 04 Sep, 2012 12:00am
India releases 1.3 million tonnes of wheat for open sale

India releases 1.3 million tonnes of wheat for open sale

India has decided to make available 1.3 million tonnes of additional wheat for open sale in September and October to ease shortages in spot markets, food ministry sources said on Monday, in a move that is likely to weigh on domestic prices. Millers can no
Published 04 Sep, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 134,310 tonnes of cargo comprising 110,786 tonnes of import cargo and 23,524 tonnes of export cargo including 3,827 loaded & empty containers during last 24 hours ended at 0700 hours on Monday. The total import cargo of 110,786 to
Published 04 Sep, 2012 12:00am
Russian grain export prices to rise further

Russian grain export prices to rise further

Russia's grain export prices are expected to rise further this week after Egypt, the world's biggest wheat importer, bought 240,000 tonnes of Russian wheat this weekend. Egypt's General Authority for Supply Commodities (GASC) agreed to buy Russian wheat f
Published 04 Sep, 2012 12:00am
Ukraine's grain exports rise

Ukraine's grain exports rise

Ukraine, which plans to export 20 million tonnes of grain in the 2012/13 season, exported 2.99 million tonnes in July-August, 60 percent more than in the same period in 2011, the Agriculture Ministry said on Monday. The ministry's data showed that the vol
Published 04 Sep, 2012 12:00am
Ivorian cocoa arrivals seen down

Ivorian cocoa arrivals seen down

Cocoa arrivals at ports in top grower Ivory Coast reached around 1,339,000 tonnes by September 2 since the start of the season in October, exporters estimated on Monday, compared with 1,412,845 tonnes in the same period of the previous season. Exporters e
Published 04 Sep, 2012 12:00am
Cyprus minister sees economy shrinking, deficits rising

Cyprus minister sees economy shrinking, deficits rising

Cyprus will remain in recession in 2012, its finance minister said on Monday, with economic output retreating by up to 1.5 percent in the euro zone member state which recently sought a bailout. Vassos Shiarly, Cyprus's finance minister, also said lower gr
Published 04 Sep, 2012 12:00am
Czech president urges MPs to thwart Prime Minister's tax plan

Czech president urges MPs to thwart Prime Minister's tax plan

Czech President Vaclav Klaus urged parliament on Monday to reject tax hikes in a vote this week that was intended to reassure investors but instead may shatter the cabinet. The tax vote is one of two big near-term tests for the centre-right coalition, unp
Published 04 Sep, 2012 12:00am
Chalco drops $926 million bid for Mongolian coal miner

Chalco drops $926 million bid for Mongolian coal miner

Chalco has dropped its $926 million bid for a majority stake in Mongolia-focused coal miner SouthGobi Resources Ltd in the face of stiff political opposition. Home to some of the world's biggest unexploited mineral deposits, Mongolia has become one of the
Published 04 Sep, 2012 12:00am
Japan eyes easing sales tax pain with other tax breaks

Japan eyes easing sales tax pain with other tax breaks

Japan's ruling party is considering scrapping a tax on car purchases to soften the impact of sales tax increases designed to help cover rising welfare costs, a senior lawmaker said on Monday. The government's plan to double the sales tax to 10 percent by
Published 04 Sep, 2012 12:00am
Analysts hike Mexico 2012 inflation view for third month

Analysts hike Mexico 2012 inflation view for third month

Analysts following Mexico's economy raised their inflation expectations for the third month in a row and now see consumer prices just overshooting the central bank's ceiling by year-end. A monthly poll of economists, banks and brokerages showed on Monday
Published 04 Sep, 2012 12:00am
Egyptian shares mixed, Gulf bourses flat

Egyptian shares mixed, Gulf bourses flat

Egyptian shares are mixed on Monday, with the main index lying just short of its highest in more than a year after the country's brightening economic outlook triggered several weeks of rising share prices. The index is little changed from Sunday's close a
Published 04 Sep, 2012 12:00am
Hong Kong and China shares post first gain in four days

Hong Kong and China shares post first gain in four days

Hong Kong and China shares posted their first gains in four sessions on Monday, helped by the property sector after weaker-than-expected economic data spurred hopes that Beijing will act to stem the slowdown in the world's second-largest economy.
Published 04 Sep, 2012 12:00am
Nikkei slumps to four-week low as China concerns persist

Nikkei slumps to four-week low as China concerns persist

Japan's Nikkei share average closed at a four-week low on Monday after seesawing throughout the day as disappointing Chinese data outweighed hopes the US Federal Reserve would act to boost the economy. The benchmark index picked up briefly in the afternoo
Published 04 Sep, 2012 12:00am
US markets closed

US markets closed

The stocks, financial and commodity markets in the US were closed on Monday due to Labour Day holiday. The markets will resume trading on Tuesday.
Published 04 Sep, 2012 12:00am
Seoul shares post modest gains, Samsung down

Seoul shares post modest gains, Samsung down

Seoul shares shook off intraday losses and closed higher on Monday, as comments by US Federal Reserve Chairman Ben Bernanke and weak Chinese manufacturing data lifted hopes about stimulus measures from the world's top two economies. Speaking at a central
Published 04 Sep, 2012 12:00am
Indian shares fall

Indian shares fall

Indian shares fell on Monday as investors discounted deferment of proposed anti-tax avoidance rules, choosing to concentrate on macroeconomic woes like the fiscal and trade deficits. Dealers said the market was more worried on much-awaited reform measures
Published 04 Sep, 2012 12:00am
European stocks rise as ECB hopes eclipse grim data

European stocks rise as ECB hopes eclipse grim data

European stocks ended higher on Monday, extending the previous session's rally as investors' hopes of further stimulus measures from central banks overshadowed grim manufacturing data from China and Europe. The FTSEurofirst 300 index of top European share
Published 04 Sep, 2012 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks rose 0.7 percent to a one-week closing high on Monday, as investors were encouraged by gains in regional bourses and by the forecast-beating quarterly results of Apple supplier Hon Hai Precision. Hon Hai ended up 6.1 percent. Banking shares
Published 04 Sep, 2012 12:00am
Southeast Asian stocks mostly up

Southeast Asian stocks mostly up

Southeast Asian stock markets ended mostly higher on Monday amid broad-based buying in regional blue-chip stocks as comments by US Federal Reserve Chairman Ben Bernanke renewed market hopes about stimulus support. Indonesia outperformed the region. Jakart
Published 04 Sep, 2012 12:00am
Australian shares rise

Australian shares rise

Australian shares rose 0.3 percent on Monday, led by the banking sector on hopes for further stimulus in the United States and measures to lift growth in China, Australia's top trade partner. Top lender National Australia Bank led the sector with a 0.5 pe
Published 04 Sep, 2012 12:00am
FTSE bounce in low volume, China stimulus speculation boosts miners

FTSE bounce in low volume, China stimulus speculation boosts miners

UK bluechips broke a four-day losing streak in thin volume on Monday as mining stocks rallied on speculation about new economic stimulus from the world's top metals consumer, China. Mining shares rose 1.3 percent after weak manufacturing data from China r
Published 04 Sep, 2012 12:00am
Chinese yuan surges

Chinese yuan surges

The yuan closed firmer against the dollar on Monday, hitting its highest intraday level since late May, despite weak Chinese manufacturing data as signals from the cental bank that it intends to keep the yuan stable helped buoy the currency, traders said.
Published 04 Sep, 2012 12:00am
Euro steadies in Asian trade

Euro steadies in Asian trade

The euro steadied against the dollar on Monday, drawing support from hopes the US Federal Reserve and the European Central Bank would soon take policy steps to revive their respective economies. The Australian dollar fell to fresh six-week lows against bo
Published 04 Sep, 2012 12:00am
Euro flat, Aussie $ drops against dollar

Euro flat, Aussie $ drops against dollar

The euro held steady on Monday, supported by expectations the European Central Bank will detail plans this week to stem the debt crisis, but vulnerable to the risk of disappointment and flagging growth prospects. The growth-linked Australian dollar fell t
Published 04 Sep, 2012 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 81.70-81.75 (previous 81.70-81.72). Call Money Rates: 04.00-10.00 percent (previous 04.00-11.00 percent).
Published 04 Sep, 2012 12:00am
Ringgit, won lead Asian forex gains

Ringgit, won lead Asian forex gains

Most emerging Asian currencies rose on Monday amid hopes for stimulus moves by the Federal Reserve and steps by the European Central Bank to tackle the debt crisis, while weak economic data in Asia raised expectations for easing in the region. The Malaysi
Published 04 Sep, 2012 12:00am
Indian rupee little changed

Indian rupee little changed

The Indian rupee was little changed on Monday as weak local shares offset the positive sentiment after a government advisory panel proposed defering the implementation of a controversial set of rules on tax avoidance until 2016. The rupee rose to its high
Published 04 Sep, 2012 12:00am
Sterling climbs versus dollar

Sterling climbs versus dollar

Sterling rose to its highest in nearly two weeks against the dollar on Monday after a stronger-than-forecast manufacturing industry survey prompted market players to take a slightly brighter view of the UK economy. The manufacturing purchasing managers' i
Published 04 Sep, 2012 12:00am
Federer into last eight

Federer into last eight

World number one Roger Federer received a walkover into the US Open quarter-finals Monday when America's Mardy Fish withdrew from their last-16 tie due to "health reasons", an event spokesman said. Five-time champion Federer will face either Czech sixth s
Published 04 Sep, 2012 12:00am
Djokovic eases through, Roddick parties on

Djokovic eases through, Roddick parties on

Novak Djokovic continued his stroll through the US Open draw on Sunday while former champion Andy Roddick staved off retirement by winning in front of 20,000 of his new-found best friends at raucous Arthur Ashe Stadium. While Djokovic had a workmanlike 6-
Published 04 Sep, 2012 12:00am
Pistorius controversy ignites Paralympics

Pistorius controversy ignites Paralympics

South Africa's Oscar Pistorius is to meet the International Paralympic Committee (IPC) after he lost his first T44 200m race in nine years and said the length of his rivals' carbon fibre blades was unfair. The 25-year-old runner, the first double-amputee
Published 04 Sep, 2012 12:00am
Swedish player dies after suspected cardiac arrest

Swedish player dies after suspected cardiac arrest

A 29-year-old Swedish soccer player collapsed and died of a suspected cardiac arrest, minutes after giving his team the lead in a league match on Sunday. Pitea player Victor Brannstrom had scored after just four minutes against Umedalen in their Division
Published 04 Sep, 2012 12:00am
Kohli and Dhoni star in India win

Kohli and Dhoni star in India win

India survived a mini collapse to sweep the series against a fighting New Zealand with a five-wicket victory on the penultimate day of the second and final Test in Bangalore on Monday. The hosts slipped from 152-2 to 166-5 before achieving their 261-run t
Published 04 Sep, 2012 12:00am
EU clears GKN take-over of Volvo aero engine unit

EU clears GKN take-over of Volvo aero engine unit

The European Commission on Monday cleared the take-over by British engineering group GKN of Volvo's aero engine division in a deal worth £633 million (790 million euros). The Commission said an investigation showed that the acquisition of Volvo Aero, part
Published 04 Sep, 2012 12:00am
Vodafone signs deal to expand Middle East presence

Vodafone signs deal to expand Middle East presence

British mobile phone giant Vodafone has signed an agreement with Kuwaiti telecom company Zain to expand its footprint in the Middle East region, the pair announced on Monday. "Vodafone Group and Zain Group today jointly announce a partner market agreement
Published 04 Sep, 2012 12:00am
Turkey says wants TANAP to carry Turkmen gas

Turkey says wants TANAP to carry Turkmen gas

Turkmenistan could potentially join Azerbaijan in supplying gas into the Trans-Anatolian Pipeline (TANAP) through Turkey to the EU border, Turkey's energy minister said, helping Europe become less reliant on Russian gas. Turkey and Azerbaijan signed an ag
Published 04 Sep, 2012 12:00am
Australia's retail sales suffer setback in July

Australia's retail sales suffer setback in July

Australian retail sales suffered a surprising spill in July, as consumers shunned department stores after two months of strong spending, denting the local dollar and narrowing market odds for another cut in interest rates. The Australian dollar dipped a f
Published 04 Sep, 2012 12:00am
Lonmin warns 40,000 jobs at stake, South Africa calms investors

Lonmin warns 40,000 jobs at stake, South Africa calms investors

The world's third platinum producer Lonmin warned Monday that a nearly four week strike at its South African mine was threatening 40,000 jobs, as the government moved to calm jitters in the sector. Government-mediated talks re-opened between Lonmin and th
Published 04 Sep, 2012 12:00am
European mass carmakers worst hit in August

European mass carmakers worst hit in August

Monthly car registrations fell again in France and Italy in August with mass brands suffering most as Mediterranean countries bore the brunt of the euro zone debt crisis and its withering effect on consumer demand. French sales tumbled 11 percent to 96,11
Published 04 Sep, 2012 12:00am
South Korea's inflation at fresh 12-year low

South Korea's inflation at fresh 12-year low

South Korea's annual inflation in August slowed to a fresh 12-year low, data showed on Monday, providing additional evidence of cooling demand and fuelling market expectations for an additional interest rate cut next week. The consumer price index rose 1.
Published 04 Sep, 2012 12:00am
Isaac shuts 58.29 percent of oil output in US Gulf

Isaac shuts 58.29 percent of oil output in US Gulf

US regulators said 58.29 percent of daily oil production and 38.62 percent of daily natural gas output in US-regulated areas of the Gulf of Mexico remained shut on Monday due to Hurricane Isaac, whose remnants were drenching sections of the Midwest.
Published 04 Sep, 2012 12:00am
Factory gloom deepens, orders shrink

Factory gloom deepens, orders shrink

A contraction in manufacturing business spread further around the world in August as the euro zone's troubles inflicted more damage on the global economy, business surveys showed on Monday. The three-year-old sovereign debt crisis has probably thrown the
Published 04 Sep, 2012 12:00am
Chinese-built planes to be sold only in China: Airbus

Chinese-built planes to be sold only in China: Airbus

Airbus planes built in a Chinese factory will be sold only to Chinese clients, the European plane maker said Monday, although a leasing exception could see aircraft end up with foreign airlines. Airbus sought to clarify its China operations after the Chin
Published 04 Sep, 2012 12:00am
Total takes stake in Myanmar offshore exploration zone

Total takes stake in Myanmar offshore exploration zone

French oil and gas giant Total said Monday it had taken a 40 percent stake in an exploration field off the coast of Myanmar, its first investment in the country since sanctions were eased. Total has been in Myanmar since 1992 - before international sancti
Published 04 Sep, 2012 12:00am
Chinese firm buys German forklift maker

Chinese firm buys German forklift maker

China's Shandong Heavy Industry Group on Monday signed a 738 million euro ($928 million) accord to buy stakes in German forklift maker Kion Group and its hydraulics business, state media said. Weichai Power, the automotive and equipment manufacturing unit
Published 04 Sep, 2012 12:00am
Spain pumps 4.5 billion euros into Bankia

Spain pumps 4.5 billion euros into Bankia

Spain said Monday it is urgently injecting 4.5 billion euros ($5.7 billion) into Bankia, a state-rescued lender still losing billions of euros. The state-backed Fund for Orderly Bank Restructuring (FROB) said its governing board had agreed to pump in the
Published 04 Sep, 2012 12:00am
Shipping must keep up guard against piracy

Shipping must keep up guard against piracy

The shipping industry must keep up its guard despite a recent downturn in pirate attacks, especially off the Somali coast, a naval task force statement said Monday. Military and industry efforts have seen a 54 percent reduction in global piracy in the fir
Published 04 Sep, 2012 12:00am
Swedish official websites hit by cyberattacks

Swedish official websites hit by cyberattacks

Several Swedish official websites were knocked offline Monday, although no one has claimed responsibility for the attacks. "I can confirm that the government site had problems today, but for security reasons, I cannot say more," Anna Dahlen, a government
Published 04 Sep, 2012 12:00am
Iran completes 30 percent of missile defence system: commander

Iran completes 30 percent of missile defence system: commander

Iran has built about 30 percent of a missile defence system it is developing in place of the Russian S-300 system Moscow refused to sell it, and hopes to complete the system by next year, a senior military official said on Monday. Farzad Esmaili, commande
Published 04 Sep, 2012 12:00am
One killed as Delhi mob clashes with police

One killed as Delhi mob clashes with police

One person was killed and more than 30 injured in clashes between a mob and police in New Delhi, officials said Monday. The violence broke out late Sunday night after residents took to streets over police caning two men riding a scooter for not wearing he
Published 04 Sep, 2012 12:00am
Bangladesh suspends officials over tiger smuggling

Bangladesh suspends officials over tiger smuggling

Bangladesh said on Monday that nine forest officials had been suspended for "gross negligence" after three Bengal tiger cubs were found in a house in Dhaka where they were being kept by smugglers. Bangladesh's elite Rapid Action Battalion (RAB) rescued th
Published 04 Sep, 2012 12:00am
New scandal in China, key official sidelined over car crash

New scandal in China, key official sidelined over car crash

China's once-in-a-decade leadership transition has been hit by reports of fresh scandal, with a senior ally of President Hu Jintao being demoted after sources said the ally's son was involved in a deadly crash involving a luxury sports car.
Published 04 Sep, 2012 12:00am
South Korea, Japan suspend military exchange plan

South Korea, Japan suspend military exchange plan

South Korea and Japan have temporarily suspended a military exchange programme amid a territorial row over a set of disputed islands, defence officials said Monday. Japanese naval and air force commanders suspended trips to South Korea which had been sche
Published 04 Sep, 2012 12:00am
Obama tells Americans to 'punt' Romney's economic plan

Obama tells Americans to 'punt' Romney's economic plan

President Barack Obama told Americans on Monday to punt away Mitt Romney's economic game plan, in a new swipe at his Republican rival on the road to this week's Democratic National Convention. Obama surrounded himself with union members in Ohio, the cruci
Published 04 Sep, 2012 12:00am
Russia fires top space official over launch failures

Russia fires top space official over launch failures

Russian President Vladimir Putin has fired the chief of a key state-run aerospace bureau following several launch failures, the Kremlin said Monday. The head of the Khrunichev space centre, Vladimir Nesterov, has been relieved of his duties, said a decree
Published 04 Sep, 2012 12:00am
30 dead as Kurdish rebels clash with Turkish forces

30 dead as Kurdish rebels clash with Turkish forces

Kurdish rebels wielding rocket launchers and machine-guns attacked a security base in south-east Turkey, triggering a firefight that left 30 people dead, local officials said Monday. Ten soldiers were killed and seven wounded in the attack in the province
Published 04 Sep, 2012 12:00am
India's top court allows partial iron ore mining resumption

India's top court allows partial iron ore mining resumption

India's top court on Monday allowed some iron ore mines to resume operations in the southern state of Karnataka and supply resource-hungry steel mills in the country. However, the move is unlikely to have much impact on global markets as demand for iron o
Published 04 Sep, 2012 12:00am
Syrian army destroys houses in 'collective punishment'

Syrian army destroys houses in 'collective punishment'

Syrian army bulldozers razed houses in western Damascus on Monday, pursuing what activists called the first campaign of collective punishment targeting people's property in areas of the capital hostile to President Bashar al-Assad. In northern Syria, 18 b
Published 04 Sep, 2012 12:00am
US denies Israeli newspaper report of secret Iran contacts

US denies Israeli newspaper report of secret Iran contacts

The White House on Monday denied an Israeli newspaper report that accused Washington of secretly negotiating with Tehran to keep the United States out of a future Israel-Iran war. The Jewish state also played down the front-page report in its biggest-sell
Published 04 Sep, 2012 12:00am
Platinum, palladium set for gains

Platinum, palladium set for gains

Platinum and palladium are on course for a positive second half of 2012, driven by improved industrial demand and, in the case of platinum, supply cuts, although analysts are much less optimistic than three months ago, a Reuters poll shows. Both metals ha
Published 04 Sep, 2012 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most active December copper contract on the Shanghai Futures Exchange climbed 1.37 percent to 56,180 yuan ($8,800) per tonne on hopes that central banks around the world will step in to fuel economic growth after concerns about the US jobs sector and
Published 04 Sep, 2012 12:00am
Copper up on stimulus prospects

Copper up on stimulus prospects

Copper hit a one-week high on Monday as weak factory data from China, worries over US jobs growth and Europe's debt crisis strengthened expectations that central banks and policy makers in the three regions will take action to boost economic growth. Three
Published 04 Sep, 2012 12:00am
Oil rises, stimulus hopes outweigh weak Chinese data

Oil rises, stimulus hopes outweigh weak Chinese data

Oil rose on Monday, despite Chinese data showing a deepening slowdown in the world's biggest energy consumer, as investors focused on the possibility of more stimulus measures and other moves to try to revive economic growth. China's factories have been h
Published 04 Sep, 2012 12:00am
Tokyo rubber futures jump

Tokyo rubber futures jump

Tokyo rubber futures jumped almost 5 percent to a one-week high on Monday on hopes for more economic stimulus by the US Federal Reserve, but weak Chinese economic data and a drop in oil prices weighed, dealers said. The benchmark rubber contract on the To
Published 04 Sep, 2012 12:00am
Palm oil edges up on exports, Bernanke remarks

Palm oil edges up on exports, Bernanke remarks

Malaysian crude palm oil futures rose on Monday, following strong exports last month and after US Federal Reserve chief Ben Bernanke kept the door open for further stimulus that could prop up global growth and support commodity demand. Palm oil exports po
Published 04 Sep, 2012 12:00am