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Apr 17, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-07-06
High-yielding eurozone bonds dip

High-yielding eurozone bonds dip

Yields on lower-rated euro zone bonds fell on Friday after the European Central Bank fleshed out the terms of long-term loans it has lined up for banks and said it stood ready to print money if needed. The ECB will give banks the opportunity to borrow up
Published 06 Jul, 2014 12:00am
23 suspects held

23 suspects held

The police arrested 23 suspects during search operation in different areas of district on Saturday. The police launched crackdown against outlaws in Murad and Ghazikhel areas of Lakki Marwat. During action 23 suspects including two proclaimed offenders an
Published 06 Jul, 2014 12:00am
Tusdec produces pool of 599 students

Tusdec produces pool of 599 students

Technology Upgradation and Skill Development Company (TUSDEC) has successfully produced a pool of 599 students in market driven trades assessed through a comprehensive baseline assessment. According to Tusdec spokesman, these students were produced in the
Published 06 Jul, 2014 12:00am
Control room set up to monitor relief activities for IDPs

Control room set up to monitor relief activities for IDPs

Following the special directives of KP Chief Minister Pervez Khattak, a control room at office of Commissioner Bannu has been immediately set up for IDP's wherein besides the fresh reports and information about the affected ones of North Waziristan Agency
Published 06 Jul, 2014 12:00am
Container carrying dead chickens seized

Container carrying dead chickens seized

The district administration on Saturday seized a container carrying dead chickens from Chamkani area of city, and took six persons into custody. According to details, a team of district administration has conducted a raid on main Grand trunk road, near Ch
Published 06 Jul, 2014 12:00am
ANP leader calls for enrolment of Fata students

ANP leader calls for enrolment of Fata students

Provincial spokesman and parliamentary leader of ANP in Khyber-Pakhtunkhwa Assembly Sardar Hussain Babak called for granting admission to the students of Fata on priority basis in the educational institutions across the country. He said keeping in view th
Published 06 Jul, 2014 12:00am
Carpet export witnesses sharp decline during last six years

Carpet export witnesses sharp decline during last six years

Carpet export has witnessed a sharp decline of more than 60 percent during the last six years as hand-made carpet export has dropped to $120 million from $300 million, depriving almost 0.5 million people of their employment. The acute shortage of electric
Published 06 Jul, 2014 12:00am
Journalists observe black day

Journalists observe black day

Journalists' community here on Saturday staged protest demo to commemorate July 5 as 'Black Day' for overthrowing democratically-elected government and promulgation of military rule by Ziaul Haq. The protesting journalists were carrying placards inscribed
Published 06 Jul, 2014 12:00am
PPP Punjab Wing observes July 5 as 'Black Day'

PPP Punjab Wing observes July 5 as 'Black Day'

The South Punjab PPP and its allied wings on Friday observed July 5 as 'Black Day' when General Ziaul Haq dismissed the elected government of Zulfiqar Ali Bhutto in 1977, and imposed martial law. People Lawyers Forum (PLF) staged a demonstration at Chowk
Published 06 Jul, 2014 12:00am
Domestic market: Cement despatches increase by 11.68 percent

Domestic market: Cement despatches increase by 11.68 percent

Cement despatches to domestic markets during the month of June 14 increased by 14.32 percent to 2.532 million tons compared with 2.215 million tons during same month last year. Exports during June 14 were 685,000 tons against 665,000 tons during June 13 s
Published 06 Jul, 2014 12:00am
BB murder case: hearing adjourned till July 12

BB murder case: hearing adjourned till July 12

Hearing of Benazir Bhutto Murder case was adjourned by Anti-terrorism court Saturday without proceedings till July 12th. The Court summoned witnesses in the next hearing. The case was being heard by Anti-terrorist court (ATC) Judge Ismael Pervez Joya with
Published 06 Jul, 2014 12:00am
Farzana murder: Charges framed against the accused

Farzana murder: Charges framed against the accused

Anti-Terrorism Court here on Saturday framed charges against accused involved in killing Farzana by bricks for marrying a man of her on choice. The accused against whom the charges were framed include Muhammad Azeem, Zahid, Ghulam Ali, Mazhar Abbass and J
Published 06 Jul, 2014 12:00am
Model Town incident: Gullu Butt files bail petition

Model Town incident: Gullu Butt files bail petition

Gullu Butt, the baton-wielding man seen damaging vehicles in Lahore's Model Town, filed a bail petition in a local court on Saturday. The petition was filed in Judicial Magistrate Imran Ishaq's court. The petition submitted by Advocate Wahid Hussain prese
Published 06 Jul, 2014 12:00am
Punjab ministers visit Ramazan Bazaars

Punjab ministers visit Ramazan Bazaars

On the instructions of Punjab Chief Minister Muhammad Shahbaz Sharif, Provincial Ministers visited various Ramazan Bazaars in different cities and inspected supply, quality and rates of edible items in the bazaars. District administrations have been activ
Published 06 Jul, 2014 12:00am
Mismanagement of power supply irks traders in Punjab

Mismanagement of power supply irks traders in Punjab

Textile industry circles accused Ministry of Water and Power (MoWP) of causing unrest among traders in the country by mismanagement of power supply to the Punjab-based textile industry. Speaking to Business Recorder on Saturday, the concerned circl
Published 06 Jul, 2014 12:00am
Egyptian court sentences Brotherhood leader, 36 Islamists to life

Egyptian court sentences Brotherhood leader, 36 Islamists to life

An Egyptian court sentenced Muslim Brotherhood leader Mohamed Badie and 36 other Islamists to life in prison Saturday, and confirmed death sentences for 10 others, most of them on the run. Badie, convicted of involvement in deadly protests, had already re
Published 06 Jul, 2014 12:00am
China's top graft-buster says no off limits in probes

China's top graft-buster says no off limits in probes

No part of China's ruling Communist Party is off limits for its crackdown on corruption, the country's top graft buster was quoted as saying, sounding a warning a few days after the one of the country's most senior former soldiers was purged. The party th
Published 06 Jul, 2014 12:00am
New Irish Labour leader made deputy Prime Minister

New Irish Labour leader made deputy Prime Minister

Joan Burton was on Friday elected leader of the Labour Party, the junior partner in Ireland's coalition government, and was swiftly installed as the country's deputy prime minister. Eamon Gilmore, the previous Labour leader and deputy PM, stepped down fro
Published 06 Jul, 2014 12:00am
Suicide bomber kills five outside northeast Nigeria mosque

Suicide bomber kills five outside northeast Nigeria mosque

A suicide bomber targeting worshippers at a mosque in a remote village in northeast Nigeria killed five people and wounded dozens, a security source said on Saturday, in an area where Islamist insurgents are mounting attacks almost daily. The source, who
Published 06 Jul, 2014 12:00am
At least five killed in attacks in Mogadishu

At least five killed in attacks in Mogadishu

Five soldiers and police were killed in the Somali capital on Saturday and a dozen others were wounded in bomb and gun attacks by Islamist militants, police and witnesses said. Al Shabaab fighters, who have threatened to step up attacks during the Muslim
Published 06 Jul, 2014 12:00am
Allawi warns risk of Iraq's dismemberment unless Maliki goes

Allawi warns risk of Iraq's dismemberment unless Maliki goes

Former Iraqi prime minister Iyad Allawi called on incumbent Nuri al-Maliki on Saturday to give up his bid for a third term in power or risk the dismemberment of Iraq. Maliki on Friday rejected a chorus of such calls since militants of a group now calling
Published 06 Jul, 2014 12:00am
India nurses return from Iraq to emotional welcome

India nurses return from Iraq to emotional welcome

A group of 46 Indian nurses held "against their will" in a part of Iraq seized by Islamic militants returned home on Saturday to an emotional reunion with their families. The relatives, clutching bouquets and hoisting "Welcome Home" banners, thronged the
Published 06 Jul, 2014 12:00am
11 die in plane crash at Poland parachute club

11 die in plane crash at Poland parachute club

Eleven people were killed and one person is seriously injured after a plane crashed at a parachute club close to Czestochowa, in the south of Poland, a spokeswoman for the emergency services said. "Twelve people were on board the plane and the only surviv
Published 06 Jul, 2014 12:00am
Yemeni air force bombs Shia rebels after ceasefire collapses

Yemeni air force bombs Shia rebels after ceasefire collapses

The Yemeni air force bombed Shia Muslim fighters north of Sanaa on Saturday in fighting that caused "a large number of casualties", local officials said, after a truce reached last month between the insurgents and government forces collapsed. The fighting
Published 06 Jul, 2014 12:00am
Guinea-Bissau gets new government

Guinea-Bissau gets new government

Guinea-Bissau's prime minister Domingos Simoes Pereira presented his new government Friday, less than two weeks after the president vowed to fight poverty and bring stability to the impoverished West African nation. Pereira's 16-minister cabinet is domina
Published 06 Jul, 2014 12:00am
Ukrainian Orthodox Church leader dies

Ukrainian Orthodox Church leader dies

The head of Ukraine's Moscow-linked parish of the Orthodox Church died Saturday, the ex-Soviet country's largest Church said. Metropolitan Volodymyr - the leader of the Ukrainian Orthodox Church under the Moscow Patriachate - passed away in a Kiev clinic
Published 06 Jul, 2014 12:00am
Afghan presidential candidate rules out coalition deal

Afghan presidential candidate rules out coalition deal

Afghan presidential candidate Ashraf Ghani ruled out a coalition government with his rival Abdullah Abdullah on Saturday, quashing hopes for a power-sharing deal to defuse tensions that have threatened to split Afghanistan along ethnic lines. Ghani and Ab
Published 06 Jul, 2014 12:00am
Algeria president in first public show since April poll

Algeria president in first public show since April poll

Algeria's ailing President Abdelaziz Bouteflika took part in independence celebrations and appeared in public Saturday for the first time since he was sworn in for a fourth term in April. State television showed Bouteflika, 77, a former officer in the Nat
Published 06 Jul, 2014 12:00am
Ugandan army kills former rebels in Central Africa mix-up

Ugandan army kills former rebels in Central Africa mix-up

Ugandan troops have killed at least 15 former rebels from the Central African Republic after mistaking them for fighters of the notorious Lord's Resistance Army, police said Friday. "Fifteen ex-Seleka members were killed in a clash with the Ugandan army i
Published 06 Jul, 2014 12:00am
Weakened Tropical Storm Arthur heads to Canada

Weakened Tropical Storm Arthur heads to Canada

Tropical Storm Arthur rapidly lost strength Saturday as it headed off the far north-eastern US coast towards Canada, causing less damage than feared in the United States. Arthur, downgraded from a category one hurricane at 0900 GMT, lashed New England and
Published 06 Jul, 2014 12:00am
Mexico finds radioactive load from stolen truck

Mexico finds radioactive load from stolen truck

Mexican authorities on Friday found a load of dangerous radioactive material that was in a stolen pick-up, a top civil protection official said. The load of iridium 192 was found abandoned on a street a few miles from where the truck was stolen in the ind
Published 06 Jul, 2014 12:00am
Mob burns school in riot-hit Myanmar city

Mob burns school in riot-hit Myanmar city

Muslims in Myanmar's second-largest city accused police on Saturday of standing by as a Buddhist mob went on a rampage, torching a school and other buildings. Angry mourners, some carrying crude weapons, rioted in Mandalay after the funeral of a 36-year-o
Published 06 Jul, 2014 12:00am
Indonesia's Widodo rallies supporters ahead of poll

Indonesia's Widodo rallies supporters ahead of poll

Presidential hopeful Joko Widodo pledged to build a "new history" for Indonesia at a huge campaign rally Saturday, a last push to win votes in a tight election race. Tens of thousands of cheering supporters waved flags emblazoned with pictures of Widodo,
Published 06 Jul, 2014 12:00am
Senegal prime minister sacked

Senegal prime minister sacked

Senegal's president on Friday sacked Prime Minister Aminata Toure, who has only been in power since September, less than a week after her ruling party was beaten in local elections. "Ms Aminata Toure's functions have been terminated," said a decree signed
Published 06 Jul, 2014 12:00am
Three rescued from collapsed Honduras mine

Three rescued from collapsed Honduras mine

Rescuers on Friday freed three of 11 labourers trapped in a collapsed mine in southern Honduras, two days after the men became trapped. The rescued men, visibly dehydrated and exhausted, were taken to the hospital, according to authorities, who gave no wo
Published 06 Jul, 2014 12:00am
Argentine 'Dirty War' officers guilty of killing bishop

Argentine 'Dirty War' officers guilty of killing bishop

Two retired military officers were sentenced to life in prison Friday for the murder of a Catholic bishop during Argentina's 1976-1983 dictatorship. Documents in the trial included two letters from the Vatican archives provided by Argentine-born Pope Fran
Published 06 Jul, 2014 12:00am
Skeletons found in El Salvador shed light on pre-Hispanic life

Skeletons found in El Salvador shed light on pre-Hispanic life

Japanese and Salvadoran archaeologists said Friday they have found three human skeletons in El Salvador from more than 1,600 years ago that could shed new light on early human settlements in the region. The three nearly complete human skeletons, preserved
Published 06 Jul, 2014 12:00am
Quake hits NE Japan

Quake hits NE Japan

A 5.7-magnitude quake hit off the coast of north-east Japan Saturday, seismologists said, but there were no immediate reports of damage. The earthquake struck at 7:42 am (2242 GMT Friday) eight kilometres (five miles) east-north-east of the city of Miyako
Published 06 Jul, 2014 12:00am
French households could face catch-up energy payments

French households could face catch-up energy payments

French households could face an extra 27 euro ($36.83) catch-up payment to settle their electricity bills after a government cap on prices was annulled, energy minister Segolene Royal was quoted saying. In an interview with Le Parisien newspaper published
Published 06 Jul, 2014 12:00am
EU energy chief tells Germany to keep options open on fracking

EU energy chief tells Germany to keep options open on fracking

Europe could eventually get a tenth of its power needs via shale gas fracking, if it can overcome reservations such as those voiced in recommendations from two German cabinet ministers, the European Union's energy commissioner was quoted as saying. Guenth
Published 06 Jul, 2014 12:00am
China to strengthen delisting rules to improve health of stock market

China to strengthen delisting rules to improve health of stock market

China has issued a draft of new rules to get loss-making companies or those in violation of regulatory practices to delist, in its latest move to improve stock market conditions. The China Securities Regulatory Commission (CSRC) published the draft rules
Published 06 Jul, 2014 12:00am
Give 10 percent of profit to poor, Venezuela legislator urges FIFA

Give 10 percent of profit to poor, Venezuela legislator urges FIFA

Football's governing body FIFA should set an example to the world by giving 10 percent of World Cup profits to the poor, a Venezuelan legislator has said. "It would be stupendous news for the whole planet, which is in such need of good news," William Ojed
Published 06 Jul, 2014 12:00am
Give 10 percent of profit to poor, Venezuela legislator urges FIFA

Give 10 percent of profit to poor, Venezuela legislator urges FIFA

Football's governing body FIFA should set an example to the world by giving 10 percent of World Cup profits to the poor, a Venezuelan legislator has said. "It would be stupendous news for the whole planet, which is in such need of good news," William Ojed
Published 06 Jul, 2014 12:00am
Argentina will not make holdouts offer on Monday

Argentina will not make holdouts offer on Monday

Argentina will not make a formal offer to settle its dispute with holdout investors in its sovereign debt at its meeting on Monday with a court-appointed mediator, an Argentine daily wrote on Saturday, citing Economy Ministry sources. After a string of ad
Published 06 Jul, 2014 12:00am
Argentina will not make holdouts offer on Monday

Argentina will not make holdouts offer on Monday

Argentina will not make a formal offer to settle its dispute with holdout investors in its sovereign debt at its meeting on Monday with a court-appointed mediator, an Argentine daily wrote on Saturday, citing Economy Ministry sources. After a string of ad
Published 06 Jul, 2014 12:00am
Total CEO calls for bigger euro role in oil payments

Total CEO calls for bigger euro role in oil payments

Oil major Total's chief executive said on Saturday the euro should have a bigger role in international trade although it was not possible to do without the US dollar. Christophe de Margerie was responding to questions about calls by French policymakers to
Published 06 Jul, 2014 12:00am
Japanese grapes fetch record $5,400

Japanese grapes fetch record $5,400

Bridal couples at a Japanese wedding hall will have a special treat at their banquet: a bunch of fresh, juicy grapes that cost a record $5,400. A wedding hall operator bought the Ruby Roman grapes at auction for 550,000 yen ($5,400) on Saturday, the first
Published 06 Jul, 2014 12:00am
Dubai says launching project to build world's biggest mall

Dubai says launching project to build world's biggest mall

Dubai is launching a project to build an entertainment and hotel district that will include the world's largest shopping mall, the emirate's ruler, Sheikh Mohammed bin Rashid al-Maktoum, said on Saturday. Plans for the "Mall of the World" project were ori
Published 06 Jul, 2014 12:00am
Cuba's lawmakers examine faltering economy

Cuba's lawmakers examine faltering economy

Cuba's parliament opened its twice-yearly session on Saturday, with the communist island's faltering economy topping the agenda. President Raul Castro was due to address the proceedings of the National Assembly, which plans to examine why one of the world
Published 06 Jul, 2014 12:00am
Greece orders striking power employees back to work

Greece orders striking power employees back to work

Greece's government said Saturday it was ordering striking electricity workers back to their posts to ensure a vital public service, after an Athens court ruled their industrial action "illegal". The demand sought to end a rolling stoppage launched Thursd
Published 06 Jul, 2014 12:00am
ECB's Noyer says seems deflation risk has been avoided

ECB's Noyer says seems deflation risk has been avoided

European Central Bank (ECB) policymaker Christian Noyer said on Saturday it seemed that the risk of deflation had been avoided in euro currency zone, even if inflation remained too low. The euro zone inflation rate held at a rate of 0.5 percent last month
Published 06 Jul, 2014 12:00am
Lautschenlaeger does not see bond-buying

Lautschenlaeger does not see bond-buying

European Central Bank executive board member Sabine Lautenschlaeger said she does not see the ECB embarking on a bond-buying spree in the near future, according to a German newspaper report. "I absolutely do not see the purchase of government bonds on the
Published 06 Jul, 2014 12:00am
Lautschenlaeger does not see bond-buying

Lautschenlaeger does not see bond-buying

European Central Bank executive board member Sabine Lautenschlaeger said she does not see the ECB embarking on a bond-buying spree in the near future, according to a German newspaper report. "I absolutely do not see the purchase of government bonds on the
Published 06 Jul, 2014 12:00am
Airbus says 'jury still out' on A330neo airshow launch

Airbus says 'jury still out' on A330neo airshow launch

Airbus Group has not decided whether it will launch its proposed A330neo jet at this month's Farnborough Airshow but is confident about the outlook for plane orders at the gala event, its strategy chief Marwan Lahoud said on Saturday. Airbus has drawn up
Published 06 Jul, 2014 12:00am
World investors see rates staying low and put faith in stocks

World investors see rates staying low and put faith in stocks

Global investors put more money into stocks in June favouring the United States and Britain where economic recovery is gathering pace over other developed markets, a Reuters poll showed on Monday. The monthly poll of 51 fund managers and chief investment
Published 06 Jul, 2014 12:00am
Carlyle, TPG's Healthscope listing extends Australian IPO boom

Carlyle, TPG's Healthscope listing extends Australian IPO boom

US private equity giants TPG Capital and Carlyle Group aim to raise up to A$2.57 billion ($2.42 billion) by listing Australian hospital operator Healthscope Ltd, in what is shaping up as the country's third-largest initial public offering. The listing of
Published 06 Jul, 2014 12:00am
High-yielding eurozone bonds dip

High-yielding eurozone bonds dip

Yields on lower-rated euro zone bonds fell on Friday after the European Central Bank fleshed out the terms of long-term loans it has lined up for banks and said it stood ready to print money if needed. The ECB will give banks the opportunity to borrow up
Published 06 Jul, 2014 12:00am
Romania, Bulgaria may harvest more feed wheat after rain

Romania, Bulgaria may harvest more feed wheat after rain

Romania and Bulgaria's wheat crops are expected to be relatively unscathed by recent rain, although some wheat could be downgraded to feed quality, traders said on Friday. Flooding in Bulgaria and heavy rains in Romania in June raised concerns that crop y
Published 06 Jul, 2014 12:00am
YOUR RUPEE LAST MONTH

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (June 02 to 30, 2014)

Published 06 Jul, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (July 05, 2014) and the forecast for Sunday (July 05, 2014).

Published 06 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (July 05, 2014) and for Sunday (July 06, 2014).
Published 06 Jul, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 05, 2014).

Published 06 Jul, 2014 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 (July 05, 2014).

Published 06 Jul, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (July 05, 2014).

Published 06 Jul, 2014 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 (July 05, 2014).

Published 06 Jul, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 05, 2014).

Published 06 Jul, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to recover modestly against the dollar on the currency market on Saturday, dealers said. The rupee rose by 10-paisa versus the dollar for buying and selling at Rs 98.90 and Rs 99.10 respectively, and also picking the same amount against
Published 06 Jul, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to recover modestly against the dollar on the currency market on Saturday, dealers said. The rupee rose by 10-paisa versus the dollar for buying and selling at Rs 98.90 and Rs 99.10 respectively, and also picking the same amount against
Published 06 Jul, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 05, 2014).

Published 06 Jul, 2014 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 (July 05, 2014).

Published 06 Jul, 2014 12:00am
EU wheat subdued on US holiday, harvest progress watched

EU wheat subdued on US holiday, harvest progress watched

Paris wheat futures were little changed on Friday as a holiday in the United States encouraged the European market to consolidate after hitting its lowest level in nearly five months. November milling wheat on the Paris-based Euronext futures market was u
Published 06 Jul, 2014 12:00am
India's June coal imports highest

India's June coal imports highest

India's import of coal and coke rose 12 percent to 18.5 million tonnes in June from a year earlier, according to provisional data from market operator mjunction, indicating weak prices continue to attract buyers even as a local shortage lingers. Asia's th
Published 06 Jul, 2014 12:00am
Railways, financials nudge TSX higher

Railways, financials nudge TSX higher

Canada's main stock index closed flat on Friday, but not far from its record high, as bank, insurer and railroad shares benefited from the likelihood of stronger economic growth in North America. Rising government debt yields also helped the financial sto
Published 06 Jul, 2014 12:00am
Emerging bond sales surpass $260 billion in first half 2014

Emerging bond sales surpass $260 billion in first half 2014

Emerging market borrowers sold over $260 billion worth of bonds in the first half of 2014, outstripping year-ago levels despite geopolitical noise as borrowers rushed to take advantage of lower-than-expected US yields. The hard currency debt market was ha
Published 06 Jul, 2014 12:00am
Emerging bond sales surpass $260 billion in first half 2014

Emerging bond sales surpass $260 billion in first half 2014

Emerging market borrowers sold over $260 billion worth of bonds in the first half of 2014, outstripping year-ago levels despite geopolitical noise as borrowers rushed to take advantage of lower-than-expected US yields. The hard currency debt market was ha
Published 06 Jul, 2014 12:00am
Bank stocks knock Central European indices

Bank stocks knock Central European indices

Sinking bank shares knocked Central European stock indices lower on Friday as a profit warning from regional player Erste increased worries over banking health in parts of the region. The warning issued on Thursday came ahead of a Hungarian parliament vot
Published 06 Jul, 2014 12:00am
NYSE to run software tests for trading firms ahead of Alibaba IPO

NYSE to run software tests for trading firms ahead of Alibaba IPO

The New York Stock Exchange said it will hold a test run of Alibaba Group Holding's highly anticipated market debut, reflecting the securities industry's focus on risk controls after a raft of technical snafus in recent years. NYSE, owned by Intercontinen
Published 06 Jul, 2014 12:00am
Stocks the 'only game in town' for British funds

Stocks the 'only game in town' for British funds

British investment managers raised their exposure to stocks in June and showed an increasing bias towards their home market, where economic fundamentals look comparatively rosy. A monthly Reuters poll of 12 UK-based fund managers and chief investment offi
Published 06 Jul, 2014 12:00am
Stocks the 'only game in town' for British funds

Stocks the 'only game in town' for British funds

British investment managers raised their exposure to stocks in June and showed an increasing bias towards their home market, where economic fundamentals look comparatively rosy. A monthly Reuters poll of 12 UK-based fund managers and chief investment offi
Published 06 Jul, 2014 12:00am
European funds' equity holdings highest since March 2011

European funds' equity holdings highest since March 2011

European fund managers made their highest allocation to equities this month since March 2011, cutting cash positions in a risk-seeking environment, a Reuters survey showed on Monday. Fund managers in the poll put 48.3 percent of their global assets in equ
Published 06 Jul, 2014 12:00am
South African stocks to gain four percent by year-end

South African stocks to gain four percent by year-end

South Africa's stock market is set to gain 4 percent between now and the end of the year, benefiting from still ample global liquidity and confidence in the outlook for well managed local bluechips, a Reuters poll found. The poll of 10 analysts taken in t
Published 06 Jul, 2014 12:00am
China funds raise suggested equity allocations on looser liquidity

China funds raise suggested equity allocations on looser liquidity

Chinese fund managers said they would raise the proportion of their portfolios invested in stocks over the next three months, marking a bounce from a 21-month low in May as sentiment rose on an expected loosening of liquidity, according to a Reuters poll.
Published 06 Jul, 2014 12:00am
China funds raise suggested equity allocations on looser liquidity

China funds raise suggested equity allocations on looser liquidity

Chinese fund managers said they would raise the proportion of their portfolios invested in stocks over the next three months, marking a bounce from a 21-month low in May as sentiment rose on an expected loosening of liquidity, according to a Reuters poll.
Published 06 Jul, 2014 12:00am
US natural gas futures down two percent

US natural gas futures down two percent

US natural gas futures lost about 2 percent on Wednesday on expectations for another big storage build and weather forecasts calling for heat in the East and West to end over the next day or so. Front-month natural gas futures on the New York Mercantile E
Published 06 Jul, 2014 12:00am
European funds' equity holdings highest since March 2011

European funds' equity holdings highest since March 2011

European fund managers made their highest allocation to equities this month since March 2011, cutting cash positions in a risk-seeking environment, a Reuters survey showed on Monday. Fund managers in the poll put 48.3 percent of their global assets in equ
Published 06 Jul, 2014 12:00am
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