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Print - 2014-07-20
Switzerland tops innovation rankings for fourth year

Switzerland tops innovation rankings for fourth year

Switzerland has claimed the top spot on the Global Innovation Index for the fourth-straight year while Sub-Saharan Africa "posted significant regional improvement". The annual rankings, which this year focused on the role people play in the innovation pro
Published 20 Jul, 2014 12:00am
2013 elections: massive irregularities committed: Fafen

2013 elections: massive irregularities committed: Fafen

Massive irregularities were committed in the 2013 general elections ranging from vote counting processes to result documentation and dissemination, largely due to negligence of the presiding officers. A report compiled by the Free and Fair Election Networ
Published 20 Jul, 2014 12:00am
2013 elections: massive irregularities committed: Fafen

2013 elections: massive irregularities committed: Fafen

Massive irregularities were committed in the 2013 general elections ranging from vote counting processes to result documentation and dissemination, largely due to negligence of the presiding officers. A report compiled by the Free and Fair Election Networ
Published 20 Jul, 2014 12:00am
Italian, Maltese rescuers say 19 dead on migrant boat

Italian, Maltese rescuers say 19 dead on migrant boat

Italian and Maltese rescuers found 18 bodies on an overcrowded migrant boat on Saturday and another person died while being evacuated - all apparently killed in the hold by toxic fumes from the engine, officials said. The boat, with between 400 and 600 pe
Published 20 Jul, 2014 12:00am
Italian, Maltese rescuers say 19 dead on migrant boat

Italian, Maltese rescuers say 19 dead on migrant boat

Italian and Maltese rescuers found 18 bodies on an overcrowded migrant boat on Saturday and another person died while being evacuated - all apparently killed in the hold by toxic fumes from the engine, officials said. The boat, with between 400 and 600 pe
Published 20 Jul, 2014 12:00am
Madoff associates should get ''significant'' time

Madoff associates should get ''significant'' time

Five former employees of disgraced investment manager Bernard Madoff should be sentenced to "significant" prison sentences of up to 20 years or more, prosecutors said in a court filing on Friday. "The five defendants here, along with others, were the peop
Published 20 Jul, 2014 12:00am
Madoff associates should get 'significant' time

Madoff associates should get 'significant' time

Five former employees of disgraced investment manager Bernard Madoff should be sentenced to "significant" prison sentences of up to 20 years or more, prosecutors said in a court filing on Friday. "The five defendants here, along with others, were the peop
Published 20 Jul, 2014 12:00am
Madoff associates should get 'significant' time

Madoff associates should get 'significant' time

Five former employees of disgraced investment manager Bernard Madoff should be sentenced to "significant" prison sentences of up to 20 years or more, prosecutors said in a court filing on Friday. "The five defendants here, along with others, were the peop
Published 20 Jul, 2014 12:00am
Russia blacklists US soldiers for Guantanamo 'torture'

Russia blacklists US soldiers for Guantanamo 'torture'

Russia on Saturday banned entry to 12 US soldiers and officials including the military commander at Guantanamo, accusing them of torture, in an apparent tit-for-tat response to new sanctions by Washington. Included on the list published by the Russian for
Published 20 Jul, 2014 12:00am
Russia blacklists US soldiers for Guantanamo 'torture'

Russia blacklists US soldiers for Guantanamo 'torture'

Russia on Saturday banned entry to 12 US soldiers and officials including the military commander at Guantanamo, accusing them of torture, in an apparent tit-for-tat response to new sanctions by Washington. Included on the list published by the Russian for
Published 20 Jul, 2014 12:00am
Hajj quota case: Supreme Court to hear federation's appeal

Hajj quota case: Supreme Court to hear federation's appeal

Supreme Court will hear from July 21 (tomorrow) the federation's appeal filed against Lahore High Court verdict in the Hajj quota allocation case. On July 15, a single-member Lahore High Court bench of Justice Muhammad Khalid Mehmood Khan ruled that the H
Published 20 Jul, 2014 12:00am
Hajj quota case: Supreme Court to hear federation's appeal

Hajj quota case: Supreme Court to hear federation's appeal

Supreme Court will hear from July 21 (tomorrow) the federation's appeal filed against Lahore High Court verdict in the Hajj quota allocation case. On July 15, a single-member Lahore High Court bench of Justice Muhammad Khalid Mehmood Khan ruled that the H
Published 20 Jul, 2014 12:00am
G20 trade ministers reaffirm growth commitments

G20 trade ministers reaffirm growth commitments

G20 trade ministers reaffirmed Saturday their commitment to free trade as a central driver of growth and to streamline the flow of goods through borders. The ministers met in Sydney for the latest round of talks among the world''s leading economies, with
Published 20 Jul, 2014 12:00am
G20 trade ministers reaffirm growth commitments

G20 trade ministers reaffirm growth commitments

G20 trade ministers reaffirmed Saturday their commitment to free trade as a central driver of growth and to streamline the flow of goods through borders. The ministers met in Sydney for the latest round of talks among the world's leading economies, with A
Published 20 Jul, 2014 12:00am
G20 trade ministers reaffirm growth commitments

G20 trade ministers reaffirm growth commitments

G20 trade ministers reaffirmed Saturday their commitment to free trade as a central driver of growth and to streamline the flow of goods through borders. The ministers met in Sydney for the latest round of talks among the world's leading economies, with A
Published 20 Jul, 2014 12:00am
Finance minister reviews trade-related issues with Saarc countries

Finance minister reviews trade-related issues with Saarc countries

Finance Minister Senator Ishaq Dar chaired a meeting to review trade-related issues with Saarc countries here on Saturday. Commerce Minister Khurram Dastgir Khan briefed the participants of the meeting on the status of trade relations of Pakistan with the
Published 20 Jul, 2014 12:00am
Finance minister reviews trade-related issues with Saarc countries

Finance minister reviews trade-related issues with Saarc countries

Finance Minister Senator Ishaq Dar chaired a meeting to review trade-related issues with Saarc countries here on Saturday. Commerce Minister Khurram Dastgir Khan briefed the participants of the meeting on the status of trade relations of Pakistan with the
Published 20 Jul, 2014 12:00am
Finance minister reviews trade-related issues with Saarc countries

Finance minister reviews trade-related issues with Saarc countries

Finance Minister Senator Ishaq Dar chaired a meeting to review trade-related issues with Saarc countries here on Saturday. Commerce Minister Khurram Dastgir Khan briefed the participants of the meeting on the status of trade relations of Pakistan with the
Published 20 Jul, 2014 12:00am
Five car bombs in Baghdad kill 26

Five car bombs in Baghdad kill 26

Five car bombs killed 26 people in mostly Shia neighbourhoods in Baghdad on Saturday, police and medics said. The first explosion, a suicide car bombing, killed seven people at a police checkpoint in the Abu Dsheer district in the south of the capital, th
Published 20 Jul, 2014 12:00am
Five car bombs in Baghdad kill 26

Five car bombs in Baghdad kill 26

Five car bombs killed 26 people in mostly Shia neighbourhoods in Baghdad on Saturday, police and medics said. The first explosion, a suicide car bombing, killed seven people at a police checkpoint in the Abu Dsheer district in the south of the capital, th
Published 20 Jul, 2014 12:00am
FC man among three killed in Khuzdar blast

FC man among three killed in Khuzdar blast

A bomb planted on a motorcycle exploded in Khuzdar here on Saturday, killing three people including a paramilitary soldier and wounding 16 others, officials said. The attack came when a patrolling vehicle of the paramilitary Frontier Corps (FC) was passin
Published 20 Jul, 2014 12:00am
FC man among three killed in Khuzdar blast

FC man among three killed in Khuzdar blast

A bomb planted on a motorcycle exploded in Khuzdar here on Saturday, killing three people including a paramilitary soldier and wounding 16 others, officials said. The attack came when a patrolling vehicle of the paramilitary Frontier Corps (FC) was passin
Published 20 Jul, 2014 12:00am
US drone strike kills 11 Punjabi Taliban in Mada Khel

US drone strike kills 11 Punjabi Taliban in Mada Khel

A US drone strike targeting a Pakistani Taliban compound on Saturday killed eleven insurgents in tribal region near the border with Afghanistan, officials said. The attack came in North Waziristan, where for the past month the military has been fighting t
Published 20 Jul, 2014 12:00am
US drone strike kills 11 Punjabi Taliban in Mada Khel

US drone strike kills 11 Punjabi Taliban in Mada Khel

A US drone strike targeting a Pakistani Taliban compound on Saturday killed eleven insurgents in tribal region near the border with Afghanistan, officials said. The attack came in North Waziristan, where for the past month the military has been fighting t
Published 20 Jul, 2014 12:00am
Water, Power ministry: Dar upset at poor performance

Water, Power ministry: Dar upset at poor performance

Finance Minister Ishaq Dar has reportedly expressed displeasure over the poor performance of Ministry of Water and Power in terms of power sector recoveries and directed the Ministry to submit a detailed quantifying amount recovered and cases lodged durin
Published 20 Jul, 2014 12:00am
Water, Power ministry: Dar upset at poor performance

Water, Power ministry: Dar upset at poor performance

Finance Minister Ishaq Dar has reportedly expressed displeasure over the poor performance of Ministry of Water and Power in terms of power sector recoveries and directed the Ministry to submit a detailed quantifying amount recovered and cases lodged durin
Published 20 Jul, 2014 12:00am
Water, Power ministry: Dar upset at poor performance

Water, Power ministry: Dar upset at poor performance

Finance Minister Ishaq Dar has reportedly expressed displeasure over the poor performance of Ministry of Water and Power in terms of power sector recoveries and directed the Ministry to submit a detailed quantifying amount recovered and cases lodged durin
Published 20 Jul, 2014 12:00am
India clears defence procurement worth $3.5 billion

India clears defence procurement worth $3.5 billion

India's new Hindu nationalist government cleared Saturday proposals worth nearly $3.5 billion to modernise the nation's ageing Soviet-era military hardware and boost its domestic defence industry, a report said. The move underscored the desire of the gove
Published 20 Jul, 2014 12:00am
India clears defence procurement worth $3.5 billion

India clears defence procurement worth $3.5 billion

India's new Hindu nationalist government cleared Saturday proposals worth nearly $3.5 billion to modernise the nation's ageing Soviet-era military hardware and boost its domestic defence industry, a report said. The move underscored the desire of the gove
Published 20 Jul, 2014 12:00am
Thousands march for Gaza in London, clashes in Paris

Thousands march for Gaza in London, clashes in Paris

Parts of central London were brought to a standstill on Saturday as thousands of pro-Palestinians marched in protest against Israel's offensive in Gaza, while in Paris a banned demonstration descended into violence. Organisers of the London rally claimed
Published 20 Jul, 2014 12:00am
Thousands march for Gaza in London, clashes in Paris

Thousands march for Gaza in London, clashes in Paris

Parts of central London were brought to a standstill on Saturday as thousands of pro-Palestinians marched in protest against Israel's offensive in Gaza, while in Paris a banned demonstration descended into violence. Organisers of the London rally claimed
Published 20 Jul, 2014 12:00am
46 Palestinians, 2 Israeli troops die as Gaza conflict escalates

46 Palestinians, 2 Israeli troops die as Gaza conflict escalates

Israel's operation against Hamas saw one of its bloodiest days on Saturday, with 46 Palestinians killed in Gaza and two Israeli soldiers dying in a clash with militants who infiltrated the Jewish state. As Israeli warplanes bombarded Gaza from the air, an
Published 20 Jul, 2014 12:00am
46 Palestinians, 2 Israeli troops die as Gaza conflict escalates

46 Palestinians, 2 Israeli troops die as Gaza conflict escalates

Israel's operation against Hamas saw one of its bloodiest days on Saturday, with 46 Palestinians killed in Gaza and two Israeli soldiers dying in a clash with militants who infiltrated the Jewish state. As Israeli warplanes bombarded Gaza from the air, an
Published 20 Jul, 2014 12:00am
Minutes of proceedings to be published

Minutes of proceedings to be published

The Board of Directors of State Bank of Pakistan (SBP) has decided to publish the minutes of monetary policy proceedings of the Board meeting in four weeks. This was decided in the board meeting held on Saturday at SBP head office for a monetary policy de
Published 20 Jul, 2014 12:00am
Minutes of proceedings to be published

Minutes of proceedings to be published

The Board of Directors of State Bank of Pakistan (SBP) has decided to publish the minutes of monetary policy proceedings of the Board meeting in four weeks. This was decided in the board meeting held on Saturday at SBP head office for a monetary policy de
Published 20 Jul, 2014 12:00am
Minutes of proceedings to be published

Minutes of proceedings to be published

The Board of Directors of State Bank of Pakistan (SBP) has decided to publish the minutes of monetary policy proceedings of the Board meeting in four weeks. This was decided in the board meeting held on Saturday at SBP head office for a monetary policy de
Published 20 Jul, 2014 12:00am
Minutes of proceedings to be published

Minutes of proceedings to be published

The Board of Directors of State Bank of Pakistan (SBP) has decided to publish the minutes of monetary policy proceedings of the Board meeting in four weeks. This was decided in the board meeting held on Saturday at SBP head office for a monetary policy de
Published 20 Jul, 2014 12:00am
SBP expects FX reserves to exceed $13 billion mark

SBP expects FX reserves to exceed $13 billion mark

The State Bank of Pakistan expects the foreign exchange reserves to exceed 13 billion dollars by end June 2015 on the back of continued financial inflows. The main risks to this assessment, according to SBP, are uncertainty over international oil prices a
Published 20 Jul, 2014 12:00am
SBP expects FX reserves to exceed $13 billion mark

SBP expects FX reserves to exceed $13 billion mark

The State Bank of Pakistan expects the foreign exchange reserves to exceed 13 billion dollars by end June 2015 on the back of continued financial inflows. The main risks to this assessment, according to SBP, are uncertainty over international oil prices a
Published 20 Jul, 2014 12:00am
SBP expects FX reserves to exceed $13 billion mark

SBP expects FX reserves to exceed $13 billion mark

The State Bank of Pakistan expects the foreign exchange reserves to exceed 13 billion dollars by end June 2015 on the back of continued financial inflows. The main risks to this assessment, according to SBP, are uncertainty over international oil prices a
Published 20 Jul, 2014 12:00am
SBP expects FX reserves to exceed $13 billion mark

SBP expects FX reserves to exceed $13 billion mark

The State Bank of Pakistan expects the foreign exchange reserves to exceed 13 billion dollars by end June 2015 on the back of continued financial inflows. The main risks to this assessment, according to SBP, are uncertainty over international oil prices a
Published 20 Jul, 2014 12:00am
SBP expects FX reserves to exceed $13 billion mark

SBP expects FX reserves to exceed $13 billion mark

The State Bank of Pakistan expects the foreign exchange reserves to exceed 13 billion dollars by end June 2015 on the back of continued financial inflows. The main risks to this assessment, according to SBP, are uncertainty over international oil prices a
Published 20 Jul, 2014 12:00am
PKR appreciated by 0.9 percent

PKR appreciated by 0.9 percent

Pak rupee has strengthened by 0.9 percent against country''''s trading partners'''' currencies, says SBP. The nominal effective exchange rate (NEER) has appreciated by 8.5 percent during December 2013 to May 2014. Despite Relative Price Index (RPI) decrea
Published 20 Jul, 2014 12:00am
PKR appreciated by 0.9 percent

PKR appreciated by 0.9 percent

Pak rupee has strengthened by 0.9 percent against country''s trading partners'' currencies, says SBP. The nominal effective exchange rate (NEER) has appreciated by 8.5 percent during December 2013 to May 2014. Despite Relative Price Index (RPI) decreasing
Published 20 Jul, 2014 12:00am
PKR appreciated by 0.9 percent

PKR appreciated by 0.9 percent

Pak rupee has strengthened by 0.9 percent against country's trading partners' currencies, says SBP. The nominal effective exchange rate (NEER) has appreciated by 8.5 percent during December 2013 to May 2014. Despite Relative Price Index (RPI) decreasing b
Published 20 Jul, 2014 12:00am
PKR appreciated by 0.9 percent

PKR appreciated by 0.9 percent

Pak rupee has strengthened by 0.9 percent against country's trading partners' currencies, says SBP. The nominal effective exchange rate (NEER) has appreciated by 8.5 percent during December 2013 to May 2014. Despite Relative Price Index (RPI) decreasing b
Published 20 Jul, 2014 12:00am
Country needs 6 percent GDP growth: SBP governor

Country needs 6 percent GDP growth: SBP governor

Although, Pakistan''''''''s economy is gradually improving, it requires at least 6 percent GDP growth to accommodate population growth and create new job opportunities, said Ashraf Mehmood Wathra, governor State Bank of Pakistan (SBP). Addressing a press
Published 20 Jul, 2014 12:00am
Country needs 6 percent GDP growth: SBP governor

Country needs 6 percent GDP growth: SBP governor

Although, Pakistan''''s economy is gradually improving, it requires at least 6 percent GDP growth to accommodate population growth and create new job opportunities, said Ashraf Mehmood Wathra, governor State Bank of Pakistan (SBP). Addressing a press conf
Published 20 Jul, 2014 12:00am
Country needs 6 percent GDP growth: SBP governor

Country needs 6 percent GDP growth: SBP governor

Although, Pakistan''s economy is gradually improving, it requires at least 6 percent GDP growth to accommodate population growth and create new job opportunities, said Ashraf Mehmood Wathra, governor State Bank of Pakistan (SBP). Addressing a press confer
Published 20 Jul, 2014 12:00am
Country needs 6 percent GDP growth: SBP governor

Country needs 6 percent GDP growth: SBP governor

Although, Pakistan's economy is gradually improving, it requires at least 6 percent GDP growth to accommodate population growth and create new job opportunities, said Ashraf Mehmood Wathra, governor State Bank of Pakistan (SBP). Addressing a press confere
Published 20 Jul, 2014 12:00am
Country needs 6 percent GDP growth: SBP governor

Country needs 6 percent GDP growth: SBP governor

Although, Pakistan's economy is gradually improving, it requires at least 6 percent GDP growth to accommodate population growth and create new job opportunities, said Ashraf Mehmood Wathra, governor State Bank of Pakistan (SBP). Addressing a press confere
Published 20 Jul, 2014 12:00am
Growth in investments declines despite growth in GDP

Growth in investments declines despite growth in GDP

State Bank of Pakistan has pointed out that growth in investments has declined despite a real GDP growth at 4.1 percent in FY14. SBP warns that decline in investment to GDP ratio has increased the likelihood of a decline in productive capacity in the econ
Published 20 Jul, 2014 12:00am
Growth in investments declines despite growth in GDP

Growth in investments declines despite growth in GDP

State Bank of Pakistan has pointed out that growth in investments has declined despite a real GDP growth at 4.1 percent in FY14. SBP warns that decline in investment to GDP ratio has increased the likelihood of a decline in productive capacity in the econ
Published 20 Jul, 2014 12:00am
Growth in investments declines despite growth in GDP

Growth in investments declines despite growth in GDP

State Bank of Pakistan has pointed out that growth in investments has declined despite a real GDP growth at 4.1 percent in FY14. SBP warns that decline in investment to GDP ratio has increased the likelihood of a decline in productive capacity in the econ
Published 20 Jul, 2014 12:00am
Growth in investments declines despite growth in GDP

Growth in investments declines despite growth in GDP

State Bank of Pakistan has pointed out that growth in investments has declined despite a real GDP growth at 4.1 percent in FY14. SBP warns that decline in investment to GDP ratio has increased the likelihood of a decline in productive capacity in the econ
Published 20 Jul, 2014 12:00am
Growth in investments declines despite growth in GDP

Growth in investments declines despite growth in GDP

State Bank of Pakistan has pointed out that growth in investments has declined despite a real GDP growth at 4.1 percent in FY14. SBP warns that decline in investment to GDP ratio has increased the likelihood of a decline in productive capacity in the econ
Published 20 Jul, 2014 12:00am
Your rupee last half year

Your rupee last half year

Following currency fluctuations took place in foreign exchange rates during the last half year. (January 2 to June 30, 2014).

Published 20 Jul, 2014 12:00am
SBP leaves policy rate unchanged at 10 percent

SBP leaves policy rate unchanged at 10 percent

Despite the fact that most economic indicators show an improvement the State Bank of Pakistan decided not to change its policy rate (10 percent) because of a mild up-tick in the inflation rate, weak growth in deposits and the real interest rate being nega
Published 20 Jul, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (July 19, 2014) and the forecast for Sunday (July 20, 2014).

Published 20 Jul, 2014 12:00am
SBP leaves policy rate unchanged at 10 percent

SBP leaves policy rate unchanged at 10 percent

Despite the fact that most economic indicators show an improvement the State Bank of Pakistan decided not to change its policy rate (10 percent) because of a mild up-tick in the inflation rate, weak growth in deposits and the real interest rate being nega
Published 20 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 19, 2014).

Published 20 Jul, 2014 12:00am
SBP leaves policy rate unchanged at 10 percent

SBP leaves policy rate unchanged at 10 percent

Despite the fact that most economic indicators show an improvement the State Bank of Pakistan decided not to change its policy rate (10 percent) because of a mild up-tick in the inflation rate, weak growth in deposits and the real interest rate being nega
Published 20 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 19, 2014).

Published 20 Jul, 2014 12:00am
SBP leaves policy rate unchanged at 10 percent

SBP leaves policy rate unchanged at 10 percent

Despite the fact that most economic indicators show an improvement the State Bank of Pakistan decided not to change its policy rate (10 percent) because of a mild up-tick in the inflation rate, weak growth in deposits and the real interest rate being nega
Published 20 Jul, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 19, 2014).

Published 20 Jul, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (July 19, 2014) and for Sunday (July 20, 2014).
Published 20 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 19, 2014).

Published 20 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 19, 2014).

Published 20 Jul, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (July 19, 2014).

Published 20 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 19, 2014).

Published 20 Jul, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 19, 2014).

Published 20 Jul, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 19, 2014).

Published 20 Jul, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to hold its commanding position against the dollar on the money market at the week-end, dealers said. The rupee stayed put in terms of dollar for buying and selling at Rs 98.80 and Rs 99.00 respectively. It recovered its overnight gains
Published 20 Jul, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee managed to hold its commanding position against the dollar on the money market at the week-end, dealers said. The rupee stayed put in terms of dollar for buying and selling at Rs 98.80 and Rs 99.00 respectively. It recovered its overnight gains
Published 20 Jul, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 19, 2014).

Published 20 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 19, 2014).

Published 20 Jul, 2014 12:00am
Low corn prices favour new type of ethanol in Brazil

Low corn prices favour new type of ethanol in Brazil

Low corn prices in Brazil following a bumper crop are worrying farmers but providing favourable margins for an incipient corn-ethanol industry, said the manager of Usimat, the first Brazilian mill to produce the corn-based biofuel. Usimat, located in a re
Published 20 Jul, 2014 12:00am
Europe's cocoa market remains restrained

Europe's cocoa market remains restrained

Trade in Europe's cash cocoa market remained restrained this week as industry hoped cocoa futures will continue their drift down from around three-year highs touched in early July, traders said on Friday. "Futures dipped this week but it was not enough to
Published 20 Jul, 2014 12:00am
China's iron ore futures fall nearly 4 percent

China's iron ore futures fall nearly 4 percent

China's iron ore futures fell nearly 4 percent to hit their daily floor on Friday, pressured anew by plentiful supply of the raw material as steel producers kept unloading excess cargoes back into the market. Prices touched seven-week highs earlier this w
Published 20 Jul, 2014 12:00am
Oil cake market rates

Oil cake market rates

Mixed pattern was seen on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The July contract closed at Rs 1858.80 and it opened with 30 paisa fall at Rs 1858.50 in the early session, they said. The July vaida end
Published 20 Jul, 2014 12:00am
Cotton market: prices up on mills' buying spree

Cotton market: prices up on mills' buying spree

A kind of firmness persisted on the cotton market on Saturday as a result of improved demand by mills ahead of Eid-ul-Fitr holidays, dealers said. The official spot rate was higher by Rs 50 to Rs 6,150, they added. The prices of seed cotton in Sindh were
Published 20 Jul, 2014 12:00am
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