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Print - 2014-10-12
Inter-agency team to review new BIT text with US: Dar

Inter-agency team to review new BIT text with US: Dar

Finance Minister Ishaq Dar in his meeting with Michael Froman, USTR at Washington, recalled the successful Trade and Investment Framework Agreement (TIFA) discussion held earlier in May this year. He said the government of Pakistan is forming an inter-age
Published 12 Oct, 2014 12:00am
Inter-agency team to review new BIT text with US: Dar

Inter-agency team to review new BIT text with US: Dar

Finance Minister Ishaq Dar in his meeting with Michael Froman, USTR at Washington, recalled the successful Trade and Investment Framework Agreement (TIFA) discussion held earlier in May this year. He said the government of Pakistan is forming an inter-age
Published 12 Oct, 2014 12:00am
Baghdad blasts kill at least 45

Baghdad blasts kill at least 45

At least 45 people were killed in bombings in Baghdad and its rural outskirts on Saturday as the government continued to defend the capital against jihadists who four months ago seized major cities in northern Iraq. Islamic State (IS) fighters, who took c
Published 12 Oct, 2014 12:00am
Baghdad blasts kill at least 45

Baghdad blasts kill at least 45

At least 45 people were killed in bombings in Baghdad and its rural outskirts on Saturday as the government continued to defend the capital against jihadists who four months ago seized major cities in northern Iraq. Islamic State (IS) fighters, who took c
Published 12 Oct, 2014 12:00am
Kurds battle for heart of Kobane as UN fears for civilians

Kurds battle for heart of Kobane as UN fears for civilians

Kurdish fighters halted a thrust by Islamic State group jihadists towards the heart of the battleground Syrian town of Kobane Saturday, after the UN warned thousands of civilians risked massacre. The pre-dawn attack came after the IS militants overran the
Published 12 Oct, 2014 12:00am
Kurds battle for heart of Kobane as UN fears for civilians

Kurds battle for heart of Kobane as UN fears for civilians

Kurdish fighters halted a thrust by Islamic State group jihadists towards the heart of the battleground Syrian town of Kobane Saturday, after the UN warned thousands of civilians risked massacre. The pre-dawn attack came after the IS militants overran the
Published 12 Oct, 2014 12:00am
Islamabad, Kabul ink pact on electricity transit fee

Islamabad, Kabul ink pact on electricity transit fee

Pakistan and Afghanistan have signed an agreement on electricity transit fee, taking an important step forward for energy trading between Central and South Asia. The agreement was signed during the annual meetings of the World Bank and the IMF in Washingt
Published 12 Oct, 2014 12:00am
Islamabad, Kabul ink pact on electricity transit fee

Islamabad, Kabul ink pact on electricity transit fee

Pakistan and Afghanistan have signed an agreement on electricity transit fee, taking an important step forward for energy trading between Central and South Asia. The agreement was signed during the annual meetings of the World Bank and the IMF in Washingt
Published 12 Oct, 2014 12:00am
Islamabad, Kabul ink pact on electricity transit fee

Islamabad, Kabul ink pact on electricity transit fee

Pakistan and Afghanistan have signed an agreement on electricity transit fee, taking an important step forward for energy trading between Central and South Asia. The agreement was signed during the annual meetings of the World Bank and the IMF in Washingt
Published 12 Oct, 2014 12:00am
Two new cases take polio count to 42 in KP

Two new cases take polio count to 42 in KP

Two new polio cases were confirmed in Peshawar, taking total number of cases in the city to 14. According to provincial health department of Khyber Pakhtunkhwa, the total number of polio cases has reached 42 in KP. In the related development, an anti-poli
Published 12 Oct, 2014 12:00am
Two new cases take polio count to 42 in KP

Two new cases take polio count to 42 in KP

Two new polio cases were confirmed in Peshawar, taking total number of cases in the city to 14. According to provincial health department of Khyber Pakhtunkhwa, the total number of polio cases has reached 42 in KP. In the related development, an anti-poli
Published 12 Oct, 2014 12:00am
Drone attack kills four in Tirah Valley

Drone attack kills four in Tirah Valley

A US drone attack killed four suspected militants while several wounded in Tirah Valley of Khyber Agency on Saturday. The drone attacked hideouts of militants on the Cancharo Kandoa area of Afghanistan near Pakistan border. The village is right on the zer
Published 12 Oct, 2014 12:00am
Drone attack kills four in Tirah Valley

Drone attack kills four in Tirah Valley

A US drone attack killed four suspected militants while several wounded in Tirah Valley of Khyber Agency on Saturday. The drone attacked hideouts of militants on the Cancharo Kandoa area of Afghanistan near Pakistan border. The village is right on the zer
Published 12 Oct, 2014 12:00am
G20 sticks to agreement not to target exchange rates: ECB

G20 sticks to agreement not to target exchange rates: ECB

The world''s biggest emerging and developed economies have reiterated their commitment not to target exchange rates with monetary policy, European Central Bank President Mario Draghi told a news conference on Saturday. "We all remain committed not to rega
Published 12 Oct, 2014 12:00am
G20 sticks to agreement not to target exchange rates: ECB

G20 sticks to agreement not to target exchange rates: ECB

The world's biggest emerging and developed economies have reiterated their commitment not to target exchange rates with monetary policy, European Central Bank President Mario Draghi told a news conference on Saturday. "We all remain committed not to regar
Published 12 Oct, 2014 12:00am
G20 sticks to agreement not to target exchange rates: ECB

G20 sticks to agreement not to target exchange rates: ECB

The world's biggest emerging and developed economies have reiterated their commitment not to target exchange rates with monetary policy, European Central Bank President Mario Draghi told a news conference on Saturday. "We all remain committed not to regar
Published 12 Oct, 2014 12:00am
IMF warns global economy at risk

IMF warns global economy at risk

The International Monetary Fund''s member countries on Saturday said bold action was needed to bolster the global economic recovery, and they urged governments to take care not to squelch growth by tightening budgets too drastically. With Japan''s economy
Published 12 Oct, 2014 12:00am
IMF warns global economy at risk

IMF warns global economy at risk

The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global economic recovery, and they urged governments to take care not to squelch growth by tightening budgets too drastically. With Japan's economy f
Published 12 Oct, 2014 12:00am
IMF warns global economy at risk

IMF warns global economy at risk

The International Monetary Fund's member countries on Saturday said bold action was needed to bolster the global economic recovery, and they urged governments to take care not to squelch growth by tightening budgets too drastically. With Japan's economy f
Published 12 Oct, 2014 12:00am
YOUR RUPEE LAST MONTH

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (September 01-30 2014)

Published 12 Oct, 2014 12:00am
The Weather

The Weather

The weather report on Saturday (October 11, 2014) and the forecast for Sunday (October 12, 2014).

Published 12 Oct, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 11, 2014).

Published 12 Oct, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (October 11, 2014) and for Sunday (October 12, 2014).
Published 12 Oct, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 11, 2014)

Published 12 Oct, 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 (October 11, 2014).

Published 12 Oct, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (October 11, 2014).

Published 12 Oct, 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 (October 11, 2014).

Published 12 Oct, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 11, 2014).

Published 12 Oct, 2014 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 11, 2014).

Published 12 Oct, 2014 12:00am
THE RUPEE: stable trend

THE RUPEE: stable trend

Firmness prevailed on the money market at the week-end, dealers said Saturday. The rupee held the overnight levels in terms of the dollar for buying and selling at Rs 102.50 and Rs 102.70, they said. The rupee gained 25 paisa against the euro for buying a
Published 12 Oct, 2014 12:00am
THE RUPEE: stable trend

THE RUPEE: stable trend

Firmness prevailed on the money market at the week-end, dealers said Saturday. The rupee held the overnight levels in terms of the dollar for buying and selling at Rs 102.50 and Rs 102.70, they said. The rupee gained 25 paisa against the euro for buying a
Published 12 Oct, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (October 11, 2014).

Published 12 Oct, 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 (October 11, 2014).

Published 12 Oct, 2014 12:00am
Message from President, ICMA Pakistan

Message from President, ICMA Pakistan

It is indeed a matter of great pride and honour for ICMA Pakistan to have been actively involved in activities aimed at promotion of industry, trade and businesses leading towards economic growth of the country. As part of its efforts to prosper the econo
Published 12 Oct, 2014 12:00am
Message from Chief Minister of Punjab

Message from Chief Minister of Punjab

It is a matter of immense pleasure to felicitate all the members, students and management of ICMA Pakistan for organising "Corporate Pakistan" at Lahore. Institutions like ICMA Pakistan, shall be given full credit for their continuous efforts in fulfillin
Published 12 Oct, 2014 12:00am
US Midwest corn bids steady to weak

US Midwest corn bids steady to weak

Cash basis bids for corn were mostly steady to weak around the US Midwest on Friday as some farmers sold grain amid an accelerating pace of harvest but others resisted after futures tumbled more than 3 percent, grain merchants said. Corn bids remain cappe
Published 12 Oct, 2014 12:00am
Paris wheat futures fall to one-week low

Paris wheat futures fall to one-week low

Paris wheat futures slipped for a third day on Friday to touch a one-week low as concerns about hefty grain stocks in France added to bearish sentiment about ample global supply. The run-up to a monthly US government crop report later on Friday, which is
Published 12 Oct, 2014 12:00am
Argentina expects to double biodiesel exports

Argentina expects to double biodiesel exports

Argentina's biodiesel exports have risen sharply since May, thanks to a cut in sales taxes that should allow the country to double its international shipments this year from 2013, the head of the local industry chamber said. Shipments from Argentina had f
Published 12 Oct, 2014 12:00am
Oil cake market rates

Oil cake market rates

Both the futures were up on the forward cottonseeds oilcake market on Saturday in the process of trading, dealers said. The December contract closed at Rs 1497.50, but opened with a rise of 30 paisa at Rs 1497.80, they said. The January vaida ended at Rs
Published 12 Oct, 2014 12:00am
Cotton market: rates stabilise amid brisk buying

Cotton market: rates stabilise amid brisk buying

Brisk trading activity was seen on the cotton on Saturday amid rising fears of increase in prices, dealers said. The official spot rate maintained overnight level at Rs 5,200, they added. In Sindh, rates were at Rs 2450 and Rs 2600, in Punjab prices incre
Published 12 Oct, 2014 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures dipped on Friday, retracing gains from earlier this week ahead of a US Department of Agriculture report that was expected to boost its US soybean production estimate. The USDA report, due at 11 am CDT (1600 GMT), will also esti
Published 12 Oct, 2014 12:00am
Palm oil eases on European vegoils market

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased on Friday following a rise in Malaysia's palm oil stocks and a substantial reduction in its exports during the first 10 days of October. Business was thin overall as players awaited fresh USDA crop and
Published 12 Oct, 2014 12:00am
Rising trend seen on grain market

Rising trend seen on grain market

An upward trend prevailed on the wholesale grain market on Saturday in the process of modest trading, dealers said. On the cereals side, Moong Punjab was higher by Rs 250 to Rs 9500, they said. Moong Afghan followed same pattern, picking up Rs 750 to Rs 1
Published 12 Oct, 2014 12:00am
Thermal coal prices fall

Thermal coal prices fall

Thermal coal prices fell on Friday as weakening demand in Asia and Europe pulled down energy markets. Economic growth in China and Germany, Asia's and Europe's biggest economies respectively, has stalled, prompting reduced demand for oil and coal, the wor
Published 12 Oct, 2014 12:00am
Climate outlook unfavourable for Brazilian coffee crop

Climate outlook unfavourable for Brazilian coffee crop

Brazil's National Coffee Council said on Friday that the climate outlook is "unfavourable" for the country's 2015 coffee crop, citing forecasts that see little chance of rain in the country's main growing regions for most of the next two weeks.
Published 12 Oct, 2014 12:00am
Indian oilseeds, soyaoil futures fall

Indian oilseeds, soyaoil futures fall

Indian oilseeds and soyaoil futures dropped on Friday, in line with the benchmark palm oil contract in Kuala Lumpur where prices fell to a one-week low. Higher imports of vegetable oils by India also put downward pressure on prices. India's overseas purch
Published 12 Oct, 2014 12:00am
EU wheat futures fall after three-week high

EU wheat futures fall after three-week high

European Union wheat futures fell on Wednesday after rallying to a three-week high a day earlier, with a raised forecast for French wheat stocks turning attention back to ample grain supplies. French farm office FranceAgriMer lifted its forecast of soft w
Published 12 Oct, 2014 12:00am
US FOB Gulf corn, soya offers steady

US FOB Gulf corn, soya offers steady

US FOB Gulf corn and soyabean offers held steady on Friday, but the market had a firm tone due to harvest slowdowns that were delaying the shipment of supplies down US rivers, traders said. Strength in the CIF market also lent support to FOB offers, a tra
Published 12 Oct, 2014 12:00am
CBOT wheat futures higher on USDA stocks view

CBOT wheat futures higher on USDA stocks view

Wheat futures were mostly higher on Friday after the US Department of Agriculture cut its forecasts of US and world wheat ending stocks below trade expectations, traders said. USDA lowered its forecast of US 2014/15 wheat ending stocks to 654 million bush
Published 12 Oct, 2014 12:00am
Thai rice prices fall to one-and-a-half-month lows

Thai rice prices fall to one-and-a-half-month lows

A pick up in Thailand's major rice harvest has weakened its export prices to one-and-a-half-month lows and made the grain more competitive against varieties of Vietnam where prices have been steady due to limited stocks, traders said on Wednesday. Thai co
Published 12 Oct, 2014 12:00am
Thailand to spend $2.4 billion on waterways system

Thailand to spend $2.4 billion on waterways system

Thailand's military government plans to spend about 78 billion baht ($2.4 billion) on developing the country's waterways infrastructure over the next 10 years, the transport minister said on Saturday. That will include a 2.21 billion baht budget for the c
Published 12 Oct, 2014 12:00am
South Korea, China agree to extend swap facility to 2017

South Korea, China agree to extend swap facility to 2017

South Korea and China agreed to extend an existing swap agreement worth 64 trillion Korean won or 360 billion yuan by three more years, the Bank of Korea said in a statement on Saturday. The decision to extend the bilateral agreement to October 10, 2017 w
Published 12 Oct, 2014 12:00am
Consortium buys British train leasing company Porterbrook

Consortium buys British train leasing company Porterbrook

A consortium of infrastructure investors, including the alternative investment arm of German insurance group Allianz, has taken over British rolling stock leasing company Porterbrook Rail Finance. The group, which includes Australian asset manager Hasting
Published 12 Oct, 2014 12:00am
Reliance names chairman's children to retail, telecoms unit boards

Reliance names chairman's children to retail, telecoms unit boards

Indian energy conglomerate Reliance Industries Ltd said two of chairman Mukesh Ambani's children had been appointed to the boards of the company's telecoms and retail businesses. Reliance, controlled by India's richest man, operates the world's biggest re
Published 12 Oct, 2014 12:00am
China's central bank sees 'very low' risk of hard landing

China's central bank sees 'very low' risk of hard landing

The chance of a hard landing for China's economy is very small in spite of worries about the country's real-estate sector, the chief economist of the People's Bank of China said on Saturday. Ma Jun told a panel on the sidelines of the IMF and World Bank f
Published 12 Oct, 2014 12:00am
Li pledges China will boost innovation, creativity

Li pledges China will boost innovation, creativity

China's Premier Li Keqiang said Saturday the world's second-biggest economy must open further to harness the innovative and creative talents of its 1.3 billion people. After three decades of reforms, China - often called the world's manufacturing workshop
Published 12 Oct, 2014 12:00am
Pimco's Mather says bond investors must revise return expectations

Pimco's Mather says bond investors must revise return expectations

Bond investors need to revise their expectations of the returns they can make in the years ahead, said Scott Mather, one of three Pimco managers who run the firm's Total Return Fund following the shock exit of co-founder Bill Gross last month. In an inter
Published 12 Oct, 2014 12:00am
Pimco's Mather says bond investors must revise return expectations

Pimco's Mather says bond investors must revise return expectations

Bond investors need to revise their expectations of the returns they can make in the years ahead, said Scott Mather, one of three Pimco managers who run the firm's Total Return Fund following the shock exit of co-founder Bill Gross last month. In an inter
Published 12 Oct, 2014 12:00am
Draft US deal for Swiss banks in tax row seeks 'total cooperation'

Draft US deal for Swiss banks in tax row seeks 'total cooperation'

The US Department of Justice (DOJ) is seeking "total co-operation" from Swiss banks in a draft agreement aimed at allowing the banks to make amends for aiding tax evasion by wealthy Americans, a Swiss newspaper reported on Saturday. About 100 Swiss banks
Published 12 Oct, 2014 12:00am
Draft US deal for Swiss banks in tax row seeks 'total cooperation'

Draft US deal for Swiss banks in tax row seeks 'total cooperation'

The US Department of Justice (DOJ) is seeking "total co-operation" from Swiss banks in a draft agreement aimed at allowing the banks to make amends for aiding tax evasion by wealthy Americans, a Swiss newspaper reported on Saturday. About 100 Swiss banks
Published 12 Oct, 2014 12:00am
Sears says Kmart stores hit by data breach

Sears says Kmart stores hit by data breach

Retailer Sears Holdings Corp said the payment data systems at its Kmart stores had been compromised, the latest in a series of computer security breaches to hit US companies in recent months. The US Secret Service confirmed it was investigating the breach
Published 12 Oct, 2014 12:00am
International groups compete for Greek airports

International groups compete for Greek airports

Multinational companies from Argentina, France and Germany are competing to buy 14 Greek airports put up for sale to boost Athens' depleted cash reserves, its privatisation agency said on Friday. Argentina's Corporacion America, France's Vinci and Germany
Published 12 Oct, 2014 12:00am
Global downside risks are policy factor, says Fed's Tarullo

Global downside risks are policy factor, says Fed's Tarullo

Downside risks to the global economy are a factor the Federal Reserve will have to consider even as the US economy recovers from the 2007-2009 financial crisis, Fed Governor Daniel Tarullo said on Saturday. Tarullo, a voting member of the Fed's policymaki
Published 12 Oct, 2014 12:00am
US judge hits RBC with $76 million in damages tied to Rural/Metro deal

US judge hits RBC with $76 million in damages tied to Rural/Metro deal

A Delaware judge said Royal Bank of Canada must pay $75.8 million in damages to former shareholders of Rural/Metro because it failed to disclose conflicts of interest that tainted the $438 million buyout of the ambulance operator. The ruling is the latest
Published 12 Oct, 2014 12:00am
Egypt has paid back $500 million to Qatar

Egypt has paid back $500 million to Qatar

Egypt has paid back $500 million to Qatar and will soon return the remainder of the money the Gulf state deposited into the Egyptian central bank after the 2011 revolution, the bank's governor said on Saturday. Qatar helped prop up the Egyptian economy in
Published 12 Oct, 2014 12:00am
Somalia to halt banned charcoal trade at port recaptured from al Shabaab

Somalia to halt banned charcoal trade at port recaptured from al Shabaab

Somalia's president said on Saturday he would halt charcoal exports from Barawe, a port town recaptured from an Islamist group who UN investigators said had benefited from the illegal trade. The UN Security Council forbade charcoal exports from Somalia in
Published 12 Oct, 2014 12:00am
Korean, Iranian films on family share top award at Busan

Korean, Iranian films on family share top award at Busan

A Korean and an Iranian film exploring family and relationships shared the top award at Asia's largest film festival Saturday, with jury members praising both for expressing "what it means to be a human being". "End of Winter" from Kim Daehwan and "13" fr
Published 12 Oct, 2014 12:00am
Bahrain opposition announces election boycott

Bahrain opposition announces election boycott

Bahrain's Shia-led opposition on Saturday announced a boycott of parliamentary elections next month, saying the vote would cement "totalitarian" Sunni rule in the polarised kingdom. The tiny Gulf kingdom has been deeply divided since it was rocked by prot
Published 12 Oct, 2014 12:00am
U2 go from rock legends to accused spammers

U2 go from rock legends to accused spammers

U2 and Apple planned the gesture for maximum publicity - a concert by the Irish megastars at the tech giant's latest product launch, with the surprise that their new album had just been released for free to the world's half-billion iTunes customers. As ph
Published 12 Oct, 2014 12:00am
Ukraine, Russia leaders to meet in a bid to rescue truce

Ukraine, Russia leaders to meet in a bid to rescue truce

Ukraine's President Petro Poroshenko on Saturday said he will meet with Russia's Vladimir Putin next week as Kiev reported rebel attacks have subsided, signalling the possibility of rescuing a truce in the six-month conflict. Pro-Russian rebels and the Uk
Published 12 Oct, 2014 12:00am
Donors delay some aid to Tanzania over graft claims

Donors delay some aid to Tanzania over graft claims

A group of 12 international donors have delayed budget support for Tanzania until findings of an investigation into charges of corruption in the energy sector are released and appropriate action taken, a leading donor said. Tanzania has made big discoveri
Published 12 Oct, 2014 12:00am
Foreigners post biggest weekly selling in Japan stocks

Foreigners post biggest weekly selling in Japan stocks

Foreign investors continued to shun Japanese cash stocks and futures last week, posting their biggest net selling in two months, indicating that the market may have entered a correction phase after big rallies in the last month. Foreigners, who were net s
Published 12 Oct, 2014 12:00am
Orange weighs IPO of Africa, Middle East units

Orange weighs IPO of Africa, Middle East units

French telecom operator Orange is studying whether to float its African and Middle Eastern units as a way to raise money to cut debt and reinvest in Europe, the company said on Friday. The news was first reported on Thursday by financial newspaper Agefi.
Published 12 Oct, 2014 12:00am
Orange weighs IPO of Africa, Middle East units

Orange weighs IPO of Africa, Middle East units

French telecom operator Orange is studying whether to float its African and Middle Eastern units as a way to raise money to cut debt and reinvest in Europe, the company said on Friday. The news was first reported on Thursday by financial newspaper Agefi.
Published 12 Oct, 2014 12:00am
Faith in ECB's eventual success revives euro inflation-linked bonds

Faith in ECB's eventual success revives euro inflation-linked bonds

Strong demand for a new Spanish inflation-linked bond this week suggests investors are betting that the European Central Bank will avert deflation and eventually succeed in reigniting consumer price increases in the euro zone. Spain raised 5 billion euros
Published 12 Oct, 2014 12:00am
Faith in ECB's eventual success revives euro inflation-linked bonds

Faith in ECB's eventual success revives euro inflation-linked bonds

Strong demand for a new Spanish inflation-linked bond this week suggests investors are betting that the European Central Bank will avert deflation and eventually succeed in reigniting consumer price increases in the euro zone. Spain raised 5 billion euros
Published 12 Oct, 2014 12:00am
Wayfair valued at $3 billion in debut

Wayfair valued at $3 billion in debut

Wayfair Inc's shares rose as much as 27 percent in their market debut on Thursday, valuing the online home furnishings retailer at about $3.06 billion. The company's debut comes after the blockbuster listing of Chinese e-commerce juggernaut Alibaba Group
Published 12 Oct, 2014 12:00am
Wayfair valued at $3 billion in debut

Wayfair valued at $3 billion in debut

Wayfair Inc's shares rose as much as 27 percent in their market debut on Thursday, valuing the online home furnishings retailer at about $3.06 billion. The company's debut comes after the blockbuster listing of Chinese e-commerce juggernaut Alibaba Group
Published 12 Oct, 2014 12:00am
Canada's main stock index posts biggest drop over a year

Canada's main stock index posts biggest drop over a year

Canada's main stock index recorded its biggest drop in more than a year and hit a six-month low on Friday as worries about global economic growth hit shares in every major market sector. With the export-oriented Canadian market and its commodity sectors i
Published 12 Oct, 2014 12:00am
Brazil's Netshoes, almost in the black, still eyes US IPO

Brazil's Netshoes, almost in the black, still eyes US IPO

Brazilian online sporting goods retailer Netshoes is investing heavily in making deliveries more efficient, a senior executive said, as it steps up efforts to turn a profit and eventually list its shares in the United States. Netshoes, which analysts say
Published 12 Oct, 2014 12:00am
Brazil's Netshoes, almost in the black, still eyes US IPO

Brazil's Netshoes, almost in the black, still eyes US IPO

Brazilian online sporting goods retailer Netshoes is investing heavily in making deliveries more efficient, a senior executive said, as it steps up efforts to turn a profit and eventually list its shares in the United States. Netshoes, which analysts say
Published 12 Oct, 2014 12:00am
Granges rises in market debut

Granges rises in market debut

Shares in Swedish aluminium company Granges rose over 2 percent in early trade after the company's market debut on Friday, despite a backdrop of worries over global growth and faltering investor appetite for European listings. Shares in Granges, priced ne
Published 12 Oct, 2014 12:00am
Granges rises in market debut

Granges rises in market debut

Shares in Swedish aluminium company Granges rose over 2 percent in early trade after the company's market debut on Friday, despite a backdrop of worries over global growth and faltering investor appetite for European listings. Shares in Granges, priced ne
Published 12 Oct, 2014 12:00am
German Bund yields resume fall

German Bund yields resume fall

Bund yields fell towards new lows on Friday, after weak industrial data from Italy and a report saying Germany will cut its economic forecast. The prospect of economic slowdown has dominated the euro zone bond market for much of the week, beginning with w
Published 12 Oct, 2014 12:00am
German Bund yields resume fall

German Bund yields resume fall

Bund yields fell towards new lows on Friday, after weak industrial data from Italy and a report saying Germany will cut its economic forecast. The prospect of economic slowdown has dominated the euro zone bond market for much of the week, beginning with w
Published 12 Oct, 2014 12:00am
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