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Print - 2013-10-27
Indian firing hurts one villager

Indian firing hurts one villager

Indian troops continued violation of cease-fire across the Line of Control (LoC) and opened fire on a Pakistani resident in Tata Pani Sector on Saturday. According to military sources, Indian troops resorted to unprovoked firing across LoC and targeted a
Published 27 Oct, 2013 12:00am
Indian border troops kill three 'Pakistani drug smugglers'

Indian border troops kill three 'Pakistani drug smugglers'

Indian troops shot dead three alleged Pakistani smugglers carrying drugs worth millions of dollars as they sought to sneak into India through Punjab, a border security official claimed Saturday. India's paramilitary Border Security Force (BSF), which patr
Published 27 Oct, 2013 12:00am
Indian border troops kill three 'Pakistani drug smugglers'

Indian border troops kill three 'Pakistani drug smugglers'

Indian troops shot dead three alleged Pakistani smugglers carrying drugs worth millions of dollars as they sought to sneak into India through Punjab, a border security official claimed Saturday. India's paramilitary Border Security Force (BSF), which patr
Published 27 Oct, 2013 12:00am
Bangladesh Prime Minister, opposition leader hold rare talks

Bangladesh Prime Minister, opposition leader hold rare talks

Bangladesh Prime Minister Sheikh Hasina invited opposition leader Khaleda Zia to dinner as they held rare talks Saturday in a bid to defuse a mounting crisis over forthcoming parliamentary elections. But Zia, who has demanded that Hasina quit and make way
Published 27 Oct, 2013 12:00am
Bangladesh Prime Minister, opposition leader hold rare talks

Bangladesh Prime Minister, opposition leader hold rare talks

Bangladesh Prime Minister Sheikh Hasina invited opposition leader Khaleda Zia to dinner as they held rare talks Saturday in a bid to defuse a mounting crisis over forthcoming parliamentary elections. But Zia, who has demanded that Hasina quit and make way
Published 27 Oct, 2013 12:00am
Lyari gang war intensifies: 10 killed in Karachi violence

Lyari gang war intensifies: 10 killed in Karachi violence

Lyari gang war continued on third consecutive day that left 10 persons dead and over a dozen injured. The law enforcement agencies also claimed to have killed an alleged gangster and arrested several others along with weapons. According to police and resc
Published 27 Oct, 2013 12:00am
Lyari gang war intensifies: 10 killed in Karachi violence

Lyari gang war intensifies: 10 killed in Karachi violence

Lyari gang war continued on third consecutive day that left 10 persons dead and over a dozen injured. The law enforcement agencies also claimed to have killed an alleged gangster and arrested several others along with weapons. According to police and resc
Published 27 Oct, 2013 12:00am
SOEs, regulatory bodies mostly rudderless

SOEs, regulatory bodies mostly rudderless

The government has yet to appoint heads of some critical autonomous, semi-autonomous bodies and other constitutional posts including the heads of regulatory bodies National Electric Power Regulatory Authority (Nepra), Pakistan Telecommunication Authority
Published 27 Oct, 2013 12:00am
SOEs, regulatory bodies mostly rudderless

SOEs, regulatory bodies mostly rudderless

The government has yet to appoint heads of some critical autonomous, semi-autonomous bodies and other constitutional posts including the heads of regulatory bodies National Electric Power Regulatory Authority (Nepra), Pakistan Telecommunication Authority
Published 27 Oct, 2013 12:00am
SOEs, regulatory bodies mostly rudderless

SOEs, regulatory bodies mostly rudderless

The government has yet to appoint heads of some critical autonomous, semi-autonomous bodies and other constitutional posts including the heads of regulatory bodies National Electric Power Regulatory Authority (Nepra), Pakistan Telecommunication Authority
Published 27 Oct, 2013 12:00am
Gunfight pits Afghan against foreign soldiers

Gunfight pits Afghan against foreign soldiers

A gunfight broke out between Afghan and foreign soldiers on the outskirts of the capital Kabul on Saturday, killing at least one Afghan serviceman and injuring a number of other soldiers, according to Afghan and Nato officials. So-called "insider attacks"
Published 27 Oct, 2013 12:00am
Gunfight pits Afghan against foreign soldiers

Gunfight pits Afghan against foreign soldiers

A gunfight broke out between Afghan and foreign soldiers on the outskirts of the capital Kabul on Saturday, killing at least one Afghan serviceman and injuring a number of other soldiers, according to Afghan and Nato officials. So-called "insider attacks"
Published 27 Oct, 2013 12:00am
Car bomb kills two FC men near Mastung

Car bomb kills two FC men near Mastung

A car bomb hit a paramilitary van escorting a bus of Shia pilgrims in Balochistan on Saturday, killing two soldiers, officials said. The incident took place in Dringhar area, on the main Quetta-Taftan Highway in Mastung district, some 50 kilometres south-
Published 27 Oct, 2013 12:00am
Car bomb kills two FC men near Mastung

Car bomb kills two FC men near Mastung

A car bomb hit a paramilitary van escorting a bus of Shia pilgrims in Balochistan on Saturday, killing two soldiers, officials said. The incident took place in Dringhar area, on the main Quetta-Taftan Highway in Mastung district, some 50 kilometres south-
Published 27 Oct, 2013 12:00am
Imran is 'Buzdil Khan': Bilawal

Imran is 'Buzdil Khan': Bilawal

Pakistan People's Party (PPP) Patron-in-Chief Bilawal Bhutto Zardari has vented anger for being called 'bacha' (child) by the PTI Chairman Imran Khan, saying that Khan called politicians with different names but in reality he himself is Buzdil (coward) Kh
Published 27 Oct, 2013 12:00am
Imran is 'Buzdil Khan': Bilawal

Imran is 'Buzdil Khan': Bilawal

Pakistan People's Party (PPP) Patron-in-Chief Bilawal Bhutto Zardari has vented anger for being called 'bacha' (child) by the PTI Chairman Imran Khan, saying that Khan called politicians with different names but in reality he himself is Buzdil (coward) Kh
Published 27 Oct, 2013 12:00am
Supreme Court moved against Karachi 'no- go areas'

Supreme Court moved against Karachi 'no- go areas'

More then 50 petitions have been submitted in the Supreme Court, Karachi Registry, against no- go areas in various parts of Karachi. All petitions were submitted by people belonging to Mohajir Qaumi Movement, praying previous SC order may be implemented f
Published 27 Oct, 2013 12:00am
Two Pakistanis killed, three injured in firing

Two Pakistanis killed, three injured in firing

Two Pakistani nationals were killed and 3 injured in firing by Iranian forces along Pak-Iran border. According to reports some Pakistanis were crossing into Iranian border from Pakistan at Washap area. Iranian border forces opened fire in which two Pakist
Published 27 Oct, 2013 12:00am
Car lifting incidents on the rise in Capital

Car lifting incidents on the rise in Capital

Despite presence of over 60 police check posts and hundreds of unplanned police pickets in various parts of the national capital, the city police have failed to bust car lifters' gangs who are active in the city for the last many months, as auto-thieves h
Published 27 Oct, 2013 12:00am
Asean Expo 2013 opens in Brunei

Asean Expo 2013 opens in Brunei

More than 100 international and local exhibitors took part in the inaugural Asean Expo 2013 at Bridex Hall in Brunei on Saturday. The Association of South East Asian Nations (Asean) is a 10-member regional intergovernmental organisation with a total popul
Published 27 Oct, 2013 12:00am
Protection of Pakistan Ordinance: Nawaz seeks wide support

Protection of Pakistan Ordinance: Nawaz seeks wide support

Prime Minister Nawaz Sharif has sought support from all the heads of political parties for the passage of "Protection of Pakistan Ordinance 2013" from the Parliament. The Prime Minister on Saturday wrote a letter to the heads of all political parties in t
Published 27 Oct, 2013 12:00am
Protection of Pakistan Ordinance: Nawaz seeks wide support

Protection of Pakistan Ordinance: Nawaz seeks wide support

Prime Minister Nawaz Sharif has sought support from all the heads of political parties for the passage of "Protection of Pakistan Ordinance 2013" from the Parliament. The Prime Minister on Saturday wrote a letter to the heads of all political parties in t
Published 27 Oct, 2013 12:00am
Asif-led panel to meet auto sector representatives tomorrow

Asif-led panel to meet auto sector representatives tomorrow

A high-level panel headed by Minister for Water and Power, Khawaja Muhammad Asif, which has been assigned to draft the new auto policy, will meet with the representatives of auto sector including auto parts makers on Monday (tomorrow), well-informed sourc
Published 27 Oct, 2013 12:00am
Asif-led panel to meet auto sector representatives tomorrow

Asif-led panel to meet auto sector representatives tomorrow

A high-level panel headed by Minister for Water and Power, Khawaja Muhammad Asif, which has been assigned to draft the new auto policy, will meet with the representatives of auto sector including auto parts makers on Monday (tomorrow), well-informed sourc
Published 27 Oct, 2013 12:00am
Asif-led panel to meet auto sector representatives tomorrow

Asif-led panel to meet auto sector representatives tomorrow

A high-level panel headed by Minister for Water and Power, Khawaja Muhammad Asif, which has been assigned to draft the new auto policy, will meet with the representatives of auto sector including auto parts makers on Monday (tomorrow), well-informed sourc
Published 27 Oct, 2013 12:00am
Commission''s recommendation: FBR should stop accepting incomplete GDs

Commission''s recommendation: FBR should stop accepting incomplete GDs

One-man Commission on ''smuggling of arms and ammunition'' has strongly recommended that the Federal Board of Revenue (FBR) should stop accepting Goods Declarations (GDs) with incomplete information in the relevant columns or vague descriptions for cleara
Published 27 Oct, 2013 12:00am
Commission's recommendation: FBR should stop accepting incomplete GDs

Commission's recommendation: FBR should stop accepting incomplete GDs

One-man Commission on 'smuggling of arms and ammunition' has strongly recommended that the Federal Board of Revenue (FBR) should stop accepting Goods Declarations (GDs) with incomplete information in the relevant columns or vague descriptions for clearanc
Published 27 Oct, 2013 12:00am
Commission's recommendation: FBR should stop accepting incomplete GDs

Commission's recommendation: FBR should stop accepting incomplete GDs

One-man Commission on 'smuggling of arms and ammunition' has strongly recommended that the Federal Board of Revenue (FBR) should stop accepting Goods Declarations (GDs) with incomplete information in the relevant columns or vague descriptions for clearanc
Published 27 Oct, 2013 12:00am
Demonstrators protest Portugal crisis cuts

Demonstrators protest Portugal crisis cuts

Thousands of demonstrators protested in Portugal on Saturday against salary cuts and public sector reforms imposed by the government under the country''s international bailout deal. Crowds rallied in the old centre of the capital Lisbon and marched toward
Published 27 Oct, 2013 12:00am
Demonstrators protest Portugal crisis cuts

Demonstrators protest Portugal crisis cuts

Thousands of demonstrators protested in Portugal on Saturday against salary cuts and public sector reforms imposed by the government under the country's international bailout deal. Crowds rallied in the old centre of the capital Lisbon and marched towards
Published 27 Oct, 2013 12:00am
Demonstrators protest Portugal crisis cuts

Demonstrators protest Portugal crisis cuts

Thousands of demonstrators protested in Portugal on Saturday against salary cuts and public sector reforms imposed by the government under the country's international bailout deal. Crowds rallied in the old centre of the capital Lisbon and marched towards
Published 27 Oct, 2013 12:00am
Auction for 3G licence: PTA to modify Information Memorandum

Auction for 3G licence: PTA to modify Information Memorandum

Pakistan Telecommunication Authority (PTA) has decided to modify Information Memorandum, document that contains the proposed auction schedule, terms and conditions for the spectrum auction for next generation mobile services in Pakistan (including 3G and
Published 27 Oct, 2013 12:00am
Auction for 3G licence: PTA to modify Information Memorandum

Auction for 3G licence: PTA to modify Information Memorandum

Pakistan Telecommunication Authority (PTA) has decided to modify Information Memorandum, document that contains the proposed auction schedule, terms and conditions for the spectrum auction for next generation mobile services in Pakistan (including 3G and
Published 27 Oct, 2013 12:00am
Auction for 3G licence: PTA to modify Information Memorandum

Auction for 3G licence: PTA to modify Information Memorandum

Pakistan Telecommunication Authority (PTA) has decided to modify Information Memorandum, document that contains the proposed auction schedule, terms and conditions for the spectrum auction for next generation mobile services in Pakistan (including 3G and
Published 27 Oct, 2013 12:00am
J.P Morgan in $5.1 billion deal with housing agency

J.P Morgan in $5.1 billion deal with housing agency

J.P. Morgan Chase & Co has agreed to pay $5.1 billion to settle claims that it and firms it bought misled Fannie Mae and Freddie Mac about the quality of mortgage securities and home loans it sold to them during the housing boom. The bank and the agencies
Published 27 Oct, 2013 12:00am
J.P Morgan in $5.1 billion deal with housing agency

J.P Morgan in $5.1 billion deal with housing agency

J.P. Morgan Chase & Co has agreed to pay $5.1 billion to settle claims that it and firms it bought misled Fannie Mae and Freddie Mac about the quality of mortgage securities and home loans it sold to them during the housing boom. The bank and the agencies
Published 27 Oct, 2013 12:00am
J.P Morgan in $5.1 billion deal with housing agency

J.P Morgan in $5.1 billion deal with housing agency

J.P. Morgan Chase & Co has agreed to pay $5.1 billion to settle claims that it and firms it bought misled Fannie Mae and Freddie Mac about the quality of mortgage securities and home loans it sold to them during the housing boom. The bank and the agencies
Published 27 Oct, 2013 12:00am
J.P Morgan in $5.1 billion deal with housing agency

J.P Morgan in $5.1 billion deal with housing agency

J.P. Morgan Chase & Co has agreed to pay $5.1 billion to settle claims that it and firms it bought misled Fannie Mae and Freddie Mac about the quality of mortgage securities and home loans it sold to them during the housing boom. The bank and the agencies
Published 27 Oct, 2013 12:00am
Iran hangs 16 in reprisal for border killings

Iran hangs 16 in reprisal for border killings

Iran said it executed 16 "rebels" Saturday in reprisal after gunmen killed at least 14 border guards near the border with Pakistan, in a rugged area often rocked by violence. The ambush happened overnight in the mountains of Sistan-Balochistan, a province
Published 27 Oct, 2013 12:00am
Iran hangs 16 in reprisal for border killings

Iran hangs 16 in reprisal for border killings

Iran said it executed 16 "rebels" Saturday in reprisal after gunmen killed at least 14 border guards near the border with Pakistan, in a rugged area often rocked by violence. The ambush happened overnight in the mountains of Sistan-Balochistan, a province
Published 27 Oct, 2013 12:00am
Belgium claims millions in tax over Swiss accounts

Belgium claims millions in tax over Swiss accounts

Belgian tax inspectors are claiming more than 367 million euros in taxes from wealthy Belgians who kept accounts with HSBC Private Bank in Switzerland, which is at the centre of a Belgian tax evasion probe, a newspaper reported on Saturday. Some 2,450 Bel
Published 27 Oct, 2013 12:00am
Belgium claims millions in tax over Swiss accounts

Belgium claims millions in tax over Swiss accounts

Belgian tax inspectors are claiming more than 367 million euros in taxes from wealthy Belgians who kept accounts with HSBC Private Bank in Switzerland, which is at the centre of a Belgian tax evasion probe, a newspaper reported on Saturday. Some 2,450 Bel
Published 27 Oct, 2013 12:00am
Belgium claims millions in tax over Swiss accounts

Belgium claims millions in tax over Swiss accounts

Belgian tax inspectors are claiming more than 367 million euros in taxes from wealthy Belgians who kept accounts with HSBC Private Bank in Switzerland, which is at the centre of a Belgian tax evasion probe, a newspaper reported on Saturday. Some 2,450 Bel
Published 27 Oct, 2013 12:00am
Belgium claims millions in tax over Swiss accounts

Belgium claims millions in tax over Swiss accounts

Belgian tax inspectors are claiming more than 367 million euros in taxes from wealthy Belgians who kept accounts with HSBC Private Bank in Switzerland, which is at the centre of a Belgian tax evasion probe, a newspaper reported on Saturday. Some 2,450 Bel
Published 27 Oct, 2013 12:00am
German spy chiefs to head to US as snooping row widens

German spy chiefs to head to US as snooping row widens

German spy chiefs will travel to the United States next week to demand answers following allegations that US intelligence has been tapping Chancellor Angela Merkel's mobile phone as a row over widespread US snooping threatened to hurt transatlantic ties.
Published 27 Oct, 2013 12:00am
German spy chiefs to head to US as snooping row widens

German spy chiefs to head to US as snooping row widens

German spy chiefs will travel to the United States next week to demand answers following allegations that US intelligence has been tapping Chancellor Angela Merkel's mobile phone as a row over widespread US snooping threatened to hurt transatlantic ties.
Published 27 Oct, 2013 12:00am
Iran 'necessary' at Syria talks: Brahimi

Iran 'necessary' at Syria talks: Brahimi

The UN-Arab League envoy to war-torn Syria said Saturday in Tehran that Iran's participation in international peace talks on the conflict was "necessary," Mehr news agency reported. "We think the participation of Iran at Geneva 2 is natural and necessary,
Published 27 Oct, 2013 12:00am
Iran 'necessary' at Syria talks: Brahimi

Iran 'necessary' at Syria talks: Brahimi

The UN-Arab League envoy to war-torn Syria said Saturday in Tehran that Iran's participation in international peace talks on the conflict was "necessary," Mehr news agency reported. "We think the participation of Iran at Geneva 2 is natural and necessary,
Published 27 Oct, 2013 12:00am
Manmohan's 'Churchillian moment'?

Manmohan's 'Churchillian moment'?

Indian Prime Minister Manmohan Singh's displeasure with PM Nawaz Sharif on Line of Control (LoC) tensions followed a blunt message he delivered to Sharif in New York about a month ago when he said, "I have not become prime minister of India to redraw the
Published 27 Oct, 2013 12:00am
Manmohan's 'Churchillian moment'?

Manmohan's 'Churchillian moment'?

Indian Prime Minister Manmohan Singh's displeasure with PM Nawaz Sharif on Line of Control (LoC) tensions followed a blunt message he delivered to Sharif in New York about a month ago when he said, "I have not become prime minister of India to redraw the
Published 27 Oct, 2013 12:00am
Kabul to seek Baradar's 'whereabouts'

Kabul to seek Baradar's 'whereabouts'

Afghanistan will demand an explanation from Pakistan on the whereabouts of a former Taliban second-in-command when the leaders of both countries meet next week to discuss how to end years of insurgency, an Afghan official said on Saturday. The whereabouts
Published 27 Oct, 2013 12:00am
Kabul to seek Baradar's 'whereabouts'

Kabul to seek Baradar's 'whereabouts'

Afghanistan will demand an explanation from Pakistan on the whereabouts of a former Taliban second-in-command when the leaders of both countries meet next week to discuss how to end years of insurgency, an Afghan official said on Saturday. The whereabouts
Published 27 Oct, 2013 12:00am
The Weather

The Weather

The weather report on Saturday (October 26, 2013) and the forecast for Sunday (October 27, 2013).

Published 27 Oct, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (October 26, 2013) and for Sunday (October 27, 2013).
Published 27 Oct, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 26, 2013).

Published 27 Oct, 2013 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 (October 26, 2013).

Published 27 Oct, 2013 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (October 26, 2013).

Published 27 Oct, 2013 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 (October 26, 2013).

Published 27 Oct, 2013 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 26, 2013).

Published 27 Oct, 2013 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 (October 26, 2013).

Published 27 Oct, 2013 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee weakened against the dollar, however, it inched up versus the euro on the currency market on Saturday, dealers said. The rupee fell by 10 paisa against the dollar for buying at Rs 106.50 and five paisa for selling at Rs 106.70, they added. The r
Published 27 Oct, 2013 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee weakened against the dollar, however, it inched up versus the euro on the currency market on Saturday, dealers said. The rupee fell by 10 paisa against the dollar for buying at Rs 106.50 and five paisa for selling at Rs 106.70, they added. The r
Published 27 Oct, 2013 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (October 26, 2013).

Published 27 Oct, 2013 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was higher and the January contract was unchanged on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December vaida closed at Rs 953.80 and it opened with a gain of 20 paisa at Rs 954.00 i
Published 27 Oct, 2013 12:00am
Cotton market: prices slide further on steady arrivals

Cotton market: prices slide further on steady arrivals

Easy supply position caused further decline in the prices on the cotton market on Saturday, dealers said. The official spot rate after one-day gap, continued fall, losing Rs 50 to Rs 6800, they said. Prices of seed cotton in Sindh per 40 kg low type lost
Published 27 Oct, 2013 12:00am
Canadian canola futures edge higher

Canadian canola futures edge higher

ICE Canadian canola futures edged higher on Friday, supported by a weaker Canadian dollar, and were headed for a weekly gain. Gains seen limited by slight weakness in Chicago soybean futures and commercial hedges. November canola options expire on Friday.
Published 27 Oct, 2013 12:00am
Not much changes on grain market

Not much changes on grain market

Only one change was seen on the wholesale grain market on Saturday in the process of lacklustre business, dealers said. On the cereals side, wheat Bardan (low) shed Rs 20 to Rs 3500 and the best quality was down by Rs 15 to Rs 3600, they said. Prices were
Published 27 Oct, 2013 12:00am
Cold weather boosts US natural gas futures

Cold weather boosts US natural gas futures

US natural gas futures ended higher on Friday, bolstered by cold weather and expectations for a bullish weekly inventory report next week, but gains were capped by forecasts calling for milder temperatures late next week and into early November. But the f
Published 27 Oct, 2013 12:00am
European wheat futures hold 4-1/2 months high

European wheat futures hold 4-1/2 months high

European wheat futures held close to a 4-1/2 month high on Friday, supported by firm US prices and bullish export sentiment. But the market lacked fresh impetus to test highs after rallying this week on crop concerns in the southern hemisphere. January mi
Published 27 Oct, 2013 12:00am
Indian soyabean steady; soyaoil rises on good demand

Indian soyabean steady; soyaoil rises on good demand

Indian soyabean futures were treading water on Friday as profit-taking offset robust demand in spot markets and concerns that supplies may get disrupted again due to rains. Soyaoil and rapeseed futures edged higher due to good demand in spot markets due t
Published 27 Oct, 2013 12:00am
Soyabean export premiums steady to firm

Soyabean export premiums steady to firm

Soyabean export premiums at the US Gulf Coast were steady to firm on Friday, underpinned by good demand from top importer China and others, traders said. Nearby soyabean basis offers were unquoted as loading capacity at Gulf terminals was largely sold out
Published 27 Oct, 2013 12:00am
Indian sugar futures fall on surplus supply

Indian sugar futures fall on surplus supply

Indian sugar futures fell on Friday on ample supplies due to surplus production for three straight years, though a slight pick-up in demand due to an upcoming festival limited the downside. The key December contract was down 0.17 percent at 2,870 rupees (
Published 27 Oct, 2013 12:00am
CBOT wheat futures end lower

CBOT wheat futures end lower

Chicago Board of Trade wheat futures closed lower on Friday on end-of-the-week profit-taking after the market rallied to nearly four-month highs, traders said. The lower close came despite possible declines in global wheat output due to harsh weather in s
Published 27 Oct, 2013 12:00am
Dubai refinery buys first Indian raw sugar

Dubai refinery buys first Indian raw sugar

Dubai's Al Khaleej sugar refinery, one of the world's largest, has bought the first cargoes of raw sugar from India in two years, rather than from its traditional supplier Brazil. Trade sources said Indian mills had incentives to offer sugar for export fr
Published 27 Oct, 2013 12:00am
Black Sea wheat exports to fall as Russian farmers hold back

Black Sea wheat exports to fall as Russian farmers hold back

Wheat exports from the Black Sea countries could be modest in November as Russian farmers withhold crop in expectation of higher prices and as Kazakhstan needs more time to get a clear estimate of the quality of its harvest, traders said. Russia, Ukraine
Published 27 Oct, 2013 12:00am
Eurozone suffers from integration fatigue

Eurozone suffers from integration fatigue

The Eurozone is suffering from integration fatigue and banking union might be the last big push for the foreseeable future, officials in the currency bloc say. After three years of tightening policy co-operation, forced by a sovereign debt crisis, the sin
Published 27 Oct, 2013 12:00am
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