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Print - 2015-01-06
Strong December sales cap solid year for US automakers

Strong December sales cap solid year for US automakers

US automakers reported strong domestic sales in December, capping solid annual growth for General Motors and the newly renamed Chrysler, but a flat year for Ford. GM said it had the best December in seven years, with a 19 percent year-on-year rise in US u
Published 06 Jan, 2015 12:00am
IESCO shutdown notice

IESCO shutdown notice

Power supply would remain suspended due to electricity maintenance/development work of the following feeders, according to an IESCO spokesman. On January 6 from 09:00am to 03:00pm, Goie, Hajiabad, Kachari Road, Navy-1, Sowan-2, FECHS, January 6, 8, 12 and
Published 06 Jan, 2015 12:00am
KP grants six months extension to TLWM with additional task

KP grants six months extension to TLWM with additional task

KP Chief Minister Pervez Khattak while underlining the need for welfare of poor widows and special persons has announced giving extension to the welfare body of provincial government namely 'Tanzeel Lilsail Wal Mahroom' (TLWM) for further six months with
Published 06 Jan, 2015 12:00am
Gas tariff: industrialists reject proposed 30 percent hike

Gas tariff: industrialists reject proposed 30 percent hike

Industrialists and traders have rejected the proposed 30 percent increase in gas tariff. Commenting on a news item that the government has decided to increase gas tariff, they termed the decision as a bomb on poor masses. They said the hike in gas tariff
Published 06 Jan, 2015 12:00am
35 held for attacking Taseer's death anniversary vigil

35 held for attacking Taseer's death anniversary vigil

Thirty five persons have been arrested in connection with the candle light vigil which was attacked by a group of people who had gathered in Lahore on Sunday on the occasion of death anniversary of former Governor Punjab, Salman Taseer. Reiterating his st
Published 06 Jan, 2015 12:00am
KSE maintains bullish posture

KSE maintains bullish posture

The Karachi share market maintained a bullish posture during the outgoing week and the benchmark KSE-100 index gained 2.3 percent week on week (WoW) to close at an all-time high of 32,731.61 points. The index closed at 32,731.61 points, up by 738.60 point
Published 06 Jan, 2015 12:00am
Future spreads up by 35 basis points

Future spreads up by 35 basis points

The futures spreads increased by 35 basis points to reach 12.07 percent during the outgoing week that ended on January 2, 2015. During the last week, trading activity on the futures counter witnessed a negative trend and average daily volume declined by 4
Published 06 Jan, 2015 12:00am
Future spreads up by 35 basis points

Future spreads up by 35 basis points

The futures spreads increased by 35 basis points to reach 12.07 percent during the outgoing week that ended on January 2, 2015. During the last week, trading activity on the futures counter witnessed a negative trend and average daily volume declined by 4
Published 06 Jan, 2015 12:00am
Agha Steel introduces earthquake resistant steel

Agha Steel introduces earthquake resistant steel

Agha Steel becomes the first Pakistani company to introduce "ASTM A706 Grade 60" steel for the local market which is earthquake resistant approved steel according to American Standards.
Published 06 Jan, 2015 12:00am
Modest recovery

Modest recovery

The rupee posted fresh gains against the dollar and euro on the money market during the week, ended on December 2, 2015. In the interbank market, the rupee picked up 23 paisa against the dollar for buying and selling at Rs 100.77 and Rs 100.80. In the ope
Published 06 Jan, 2015 12:00am
$1 million Saudi grant for renovation of Faisal Mosque

$1 million Saudi grant for renovation of Faisal Mosque

A special grant of $1 million was provided by custodian of the two holy mosques and Saudi King Abdullah Bin Abdul Aziz Al Saud to initiate a renovation and maintenance work of Faisal Mosque and its allied units. A ceremony in this regard was held recently
Published 06 Jan, 2015 12:00am
Saleem Bhatti assumes charge of IG NH&MP

Saleem Bhatti assumes charge of IG NH&MP

Muhammad Saleem Bhatti, a BS-21 officer of Police Service of Pakistan, has assumed the charge of Inspector General National Highways & Motorway Police on Monday. On his arrival here at NH&MP Headquarters, Guard of Honour was presented to him by NH&MP offi
Published 06 Jan, 2015 12:00am
KP IGP orders transfer of three DPOs

KP IGP orders transfer of three DPOs

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has ordered transferring and posting of three DPOs with immediate effect. According to details AIG Operations CPO Khalid Mehmod Hamdani has been transferred and posted as DPO Bune
Published 06 Jan, 2015 12:00am
Buner incident: KP Assembly takes exception to negligence of police

Buner incident: KP Assembly takes exception to negligence of police

The Khyber Pakhtunkhwa Assembly has taken exception to the negligence and delay in taking of prompt action by top district police officials in District Buner that resulted in the killing of two police cops and injuring of other officials during firing wit
Published 06 Jan, 2015 12:00am
Altaf condemns attack on Tasir's death anniversary vigil

Altaf condemns attack on Tasir's death anniversary vigil

Muttahida Qaumi Movement Chief Altaf Hussain on Monday condemned an attack on a vigil that was being held to mark death anniversary of Salmaan Tasir. He urged Punjab Chief Minister Shahbaz Sharif to arrest the attackers through the help of footage. Altaf
Published 06 Jan, 2015 12:00am
PPP condemns hooliganism on Taseer's death anniversary

PPP condemns hooliganism on Taseer's death anniversary

Pakistan People's Party strongly condemns the act of vandalism by some fanatics against the participants of a gathering of civil society members to pay homage to the memory of former Governor Shaheed Salman Taseer on his birthday on January 4 in Lahore.
Published 06 Jan, 2015 12:00am
Upcoming KPK LG polls: ECP decides not to use biometric system

Upcoming KPK LG polls: ECP decides not to use biometric system

Election Commission of Pakistan has decided that biometric system will not be used in the upcoming local Government elections in Khyber Pakhtunkhwa. A meeting of the Election Commission regarding introduction of biometric machines during conduct of Local
Published 06 Jan, 2015 12:00am
Zardari urges party workers to eradicate threat of extremism

Zardari urges party workers to eradicate threat of extremism

PPP Co-chairmAn Asif Ali Zardari has urged the party workers to eradicate the greatest existential threat to the country namely extremism and militancy so that the nation and Zulfikar Ali Bhutto's legacy lives. He has released this message on the eve of t
Published 06 Jan, 2015 12:00am
PPP Punjab observes birthday anniversary of Bhutto

PPP Punjab observes birthday anniversary of Bhutto

Punjab PPP observed the birthday anniversary of Shaheed Zulfiqar Ali Bhutto with simplicity as per the decision of the Party at Model Town Secretariat here today along with office bearers and workers. Mian Manzoor Ahmed Wattoo paid rich tributes to Shahee
Published 06 Jan, 2015 12:00am
All organisations are social objects: Co-founder, SpotOn360

All organisations are social objects: Co-founder, SpotOn360

BR Research: In your view, how has the effectiveness of Facebook and other social media platforms evolved, from the perspective of businesses trying to reach out to consumers? Huzaifa Sadiq: Facebook has been in use as a social media platform for individu
Published 06 Jan, 2015 12:00am
All organisations are social objects: Co-founder, SpotOn360

All organisations are social objects: Co-founder, SpotOn360

BR Research: In your view, how has the effectiveness of Facebook and other social media platforms evolved, from the perspective of businesses trying to reach out to consumers? Huzaifa Sadiq: Facebook has been in use as a social media platform for individu
Published 06 Jan, 2015 12:00am
Oil extends crash into new year as glut fear deepens

Oil extends crash into new year as glut fear deepens

The selloff in global oil markets showed little signs of slowing in the new year, falling as much as 6 percent on Monday to their lowest since spring 2009, as fears of a supply glut that vexed the market for the past six months deepened. U.S crude crashed
Published 06 Jan, 2015 12:00am
2014 smashes temperature records in Europe

2014 smashes temperature records in Europe

The year 2014 broke a series of heat records in France, Britain, Germany and Belgium, weather agencies reported Monday. In France, "2014 was the hottest year since 1900," the Meteo-France weather agency said in a statement. The country's average annual te
Published 06 Jan, 2015 12:00am
Taiwan former leader Chen Shui-bian freed from prison on parole

Taiwan former leader Chen Shui-bian freed from prison on parole

Taiwan's ailing ex-president Chen Shui-bian was freed from prison on medical parole Monday after serving six years of a 20-year sentence for graft, as political leaders called for reconciliation on the deeply divided island. The 64-year-old, who led Taiwa
Published 06 Jan, 2015 12:00am
Libya appeals for weapons to battle militias

Libya appeals for weapons to battle militias

Libya's internationally recognised government on Monday appealed for weapons to combat militias which have seized parts of the oil-rich nation, at an emergency meeting of the Arab League. "We call on the international community to assume its legal and mor
Published 06 Jan, 2015 12:00am
IS mortars targets Iraqi base in Anbar: US military

IS mortars targets Iraqi base in Anbar: US military

An Iraqi military base in the country's western Anbar province is coming under frequent mortar fire from Islamic State jihadists, but the attacks have caused no injuries to US troops deployed there, the Pentagon said Monday. The mortar attacks underline t
Published 06 Jan, 2015 12:00am
Suicide blast hits EU vehicle in Kabul, passer-by killed

Suicide blast hits EU vehicle in Kabul, passer-by killed

A Taliban suicide bomb hit a European Union police vehicle in Kabul on Monday, killing at least one passer-by but not wounding any passengers, officials said, days after the Nato combat mission ended in Afghanistan. The blast, which was heard across the c
Published 06 Jan, 2015 12:00am
Three Saudi guards killed by 'terrorists' on Iraq border

Three Saudi guards killed by 'terrorists' on Iraq border

Three Saudi guards including a top commander were killed on Monday in a rare attack and suicide bombing by "terrorists" on the kingdom's border with Iraq, the interior ministry said. Four attackers were also killed in the clash, two in suicide blasts.
Published 06 Jan, 2015 12:00am
Two US skiers dead in Austrian avalanche

Two US skiers dead in Austrian avalanche

Two skiers, believed to be US nationals, were killed in an avalanche while skiing in the western Austrian resort of Soelden, rescuers said Monday. The avalanche was apparently started by the two skiers as they left the prepared slopes to go off piste. A l
Published 06 Jan, 2015 12:00am
Indonesia orders air officials' suspension as crash probed

Indonesia orders air officials' suspension as crash probed

Indonesia Monday ordered the suspension of aviation officials as it investigates the crash of AirAsia Flight 8501, also promising action against any domestic airlines violating their flying permits. The crackdown came as a major search in the Java Sea ent
Published 06 Jan, 2015 12:00am
Bangladeshi Prime Minister accuses rival of anarchy, year after polls

Bangladeshi Prime Minister accuses rival of anarchy, year after polls

Bangladeshi Prime Minister Sheikh Hasina accused her besieged opposition rival of trying to trigger anarchy Monday as security forces clamped down on protests on the first anniversary of her controversial re-election. After main opposition leader Khaleda
Published 06 Jan, 2015 12:00am
Old regime's Essid named to form new Tunisia government

Old regime's Essid named to form new Tunisia government

Ex-interior minister Habib Essid, who held a number of posts under Tunisia's ousted regime, has been tasked with forming a government as prime minister designate, he announced Monday. Essid, a top interior ministry civil servant under toppled dictator Zin
Published 06 Jan, 2015 12:00am
DRCongo rebel chief Cobra Matata transfered to Kinshasa

DRCongo rebel chief Cobra Matata transfered to Kinshasa

Democratic Republic of Congo rebel leader Cobra Matata arrived handcuffed in the capital Kinshasa Monday amid army accusations that he'd sought to resume his insurgency in the country's north-east. A ranking officer of the Congolese army told AFP Sunday t
Published 06 Jan, 2015 12:00am
US charges two over failed Gambia coup

US charges two over failed Gambia coup

US prosecutors on Monday charged two men with conspiring to overthrow the government of Gambia, in the latest fall-out from last week's failed coup attempt in the small West-African nation. US-Gambian dual national Papa Faal and US resident Cherno Njie we
Published 06 Jan, 2015 12:00am
Pliskova spoils Azarenka comeback in Brisbane

Pliskova spoils Azarenka comeback in Brisbane

Czech player Karolina Pliskova spoiled Victoria Azarenka's comeback bid after an injury-marred 2014, winning a gruelling first-round match at the Brisbane International on Monday. Pliskova displayed incredible fighting spirit to hold off the former world
Published 06 Jan, 2015 12:00am
Barcelona sacks sports director

Barcelona sacks sports director

Barcelona on Monday sacked their sports director Andoni Zubizarreta, just days after the main international sports appeal court backed a one year transfer ban against the Spanish giants. "The FC Barcelona President Josep Maria Bartomeu has decided to term
Published 06 Jan, 2015 12:00am
Rain threatens fourth day of South Africa, West Indies Test

Rain threatens fourth day of South Africa, West Indies Test

Steady rain threatened to prevent any play on the fourth day of the third and final Test between South Africa and the West Indies at Newlands on Monday. Rain fell from early morning and continued to fall at the scheduled resumption of play. With ground st
Published 06 Jan, 2015 12:00am
Kuwait unshaken by video nasty

Kuwait unshaken by video nasty

A row over the recording of an Asian Cup warm-up game has affected Kuwait's preparations but the Gulf side still feel they can upset hosts Australia in Friday's tournament opener. Their friendly against the United Arab Emirates at the weekend was abandone
Published 06 Jan, 2015 12:00am
Mourinho says sorry for referee criticism

Mourinho says sorry for referee criticism

Chelsea manager Jose Mourinho has apologised for criticising referee Kevin Friend in the aftermath of his side's 3-0 win over Watford in the FA Cup at the weekend. Mourinho complained in a television interview that his side should have been awarded a pena
Published 06 Jan, 2015 12:00am
Gritty Williamson fights to keep New Zealand alive

Gritty Williamson fights to keep New Zealand alive

Kane Williamson and BJ Watling produced an unbroken sixth wicket stand of 94 to keep New Zealand alive on the third day of the second Test against Sri Lanka in Wellington on Monday. New Zealand were 253-5 at stumps, a 118-run advantage with five wickets i
Published 06 Jan, 2015 12:00am
Anderson tells England to move on from Cook

Anderson tells England to move on from Cook

England must forget about former captain Alastair Cook as they begin preparations for the World Cup, fast bowler James Anderson said in a British newspaper interview published on Monday. Test skipper Cook lost his one-day role in December following a run
Published 06 Jan, 2015 12:00am
Murray troubled by shoulder pain as Brits triumph

Murray troubled by shoulder pain as Brits triumph

British number one Andy Murray conceded he was being troubled by a lingering left shoulder problem after he opened his Hopman Cup account with a straight-sets win over Frenchman Benoit Paire at the Perth Arena on Monday. The world number six had few probl
Published 06 Jan, 2015 12:00am
French F1 driver Beltoise dies at 77

French F1 driver Beltoise dies at 77

Former Formula One driver Jean-Pierre Beltoise, whose biggest win came at the 1972 Monaco Grand Prix, has died from a stroke in Dakar at the age of 77, family sources said on Monday After a successful career in motorbike racing, Frenchman Beltoise switche
Published 06 Jan, 2015 12:00am
Adams steps down as Norwich manager

Adams steps down as Norwich manager

Neil Adams has resigned as manager of Norwich City but will return to work for the club later this year, the English second-tier club announced via Twitter on Monday. The 49-year-old stands down following Norwich's 2-0 loss to Preston North End in the FA
Published 06 Jan, 2015 12:00am
Yuan slips on weaker midpoint

Yuan slips on weaker midpoint

China's yuan edged down against the dollar on Monday after the central bank set the weakest official midpoint in nearly a month to reflect strength in the global dollar index. The currency shrugged off a rule relaxation that allows more room to short doll
Published 06 Jan, 2015 12:00am
Sterling stumbles as dollar tears higher

Sterling stumbles as dollar tears higher

Sterling slipped against a rallying dollar on Monday, after yet another set of weaker-than-expected economic UK data boosted bets that the Bank of England will not raise interest rates any time this year. Numbers released on Monday showed Britain's constr
Published 06 Jan, 2015 12:00am
Australian, New Zealand dollar bruised by worries on Europe easing

Australian, New Zealand dollar bruised by worries on Europe easing

The Australian and New Zealand dollars came under pressure in thin trade on Monday, as growing speculation of drastic monetary easing in Europe gave a boost to the US dollar. The Australian dollar dropped to a 5-1/2-year trough of $0.8053, as the US dolla
Published 06 Jan, 2015 12:00am
Rupiah, ringgit at the fore of weak Asian currencies

Rupiah, ringgit at the fore of weak Asian currencies

The Indonesian rupiah and Malaysian ringgit lost the most against the US dollar on Monday as some of Asian markets traded for the first time in the new year, reacting to falling oil prices, a weakening euro and a broad aversion to risky trades. The euro f
Published 06 Jan, 2015 12:00am
Egyptian pound steady

Egyptian pound steady

The Egyptian pound held steady at a central bank dollar sale on Monday and strengthened on the black market. The bank offered $40 million at the sale and said it had sold $38.4 million at a cut-off price of 7.1401 pounds to the dollar, a rate unchanged fr
Published 06 Jan, 2015 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 77.95-77.95 (previous 77.95-77.95). Call Money Rates: 08.00-09.90 percent (* Previous 07.00-09.90 percent). (* revised).
Published 06 Jan, 2015 12:00am
Euro hits lowest since 2006 on Greece, QE bets

Euro hits lowest since 2006 on Greece, QE bets

The euro hit its lowest since early 2006 on Monday, unsettled by the expectations of monetary easing and concerns about Greece that kept the currency under pressure at the back end of 2014. The dollar rose across the board, starting 2015 as many investors
Published 06 Jan, 2015 12:00am
Early trade in New York: Euro tumbles to near nine-year low

Early trade in New York: Euro tumbles to near nine-year low

The euro tumbled to near a nine-year low on Monday, undercut by growing concerns that Greek parliamentary elections will result in a left-wing government that will aim to cancel austerity measures along with a big portion of Greece's debt. The left-wing S
Published 06 Jan, 2015 12:00am
Euro falls to nine-year low versus dollar in Asia

Euro falls to nine-year low versus dollar in Asia

The euro fell to a nine-year low against the dollar on Monday as bets mounted that the currency will suffer further declines, faced with the possibility of more monetary easing by the European Central Bank and its diminishing status as a reserve currency.
Published 06 Jan, 2015 12:00am
South Africa's rand slightly weaker

South Africa's rand slightly weaker

South Africa's rand slipped against the dollar on Monday as markets bet a relatively healthy US economy will lead the Federal Reserve to raise rates in the middle of this year. The rand slipped to 11.7100 at 1452 GMT, little changed against the greenback
Published 06 Jan, 2015 12:00am
J.P Morgan settles currency price rigging lawsuit in US

J.P Morgan settles currency price rigging lawsuit in US

J.P. Morgan Chase & Co has become the first bank to settle a US antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with t
Published 06 Jan, 2015 12:00am
J.P Morgan settles currency price rigging lawsuit in US

J.P Morgan settles currency price rigging lawsuit in US

J.P. Morgan Chase & Co has become the first bank to settle a US antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion-a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with t
Published 06 Jan, 2015 12:00am
BMW to pay subsidies to Chinese dealers

BMW to pay subsidies to Chinese dealers

German carmaker BMW has agreed to offer 5.1 billion yuan (686 million euros, $818 million) in subsidies to its Chinese dealers to help make up for losses from slowing sales, Bloomberg news agency reported Monday. Quoting a top official from the China Auto
Published 06 Jan, 2015 12:00am
China sets stage for opening commodity futures to foreign investors

China sets stage for opening commodity futures to foreign investors

China has published draft rules to allow foreign investors to trade in some of the country's commodities futures, potentially paving the way for an imminent opening of a booming market as Beijing looks to increase its sway on global commodity pricing. Chi
Published 06 Jan, 2015 12:00am
Indian soyabean, sugar futures rise

Indian soyabean, sugar futures rise

Indian soyabean edged up on Monday on good export demand for soyameal, while a rise in US soyabean futures also aided sentiment. Rapeseed futures, however, fell on profit-taking. The February soyabean contract edged up 0.03 percent to 3,482 rupees per 100
Published 06 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 05, 2015).
Published 06 Jan, 2015 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (January 05, 2015).

Published 06 Jan, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 06 Jan, 2015 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 06 Jan, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 Jan, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 Jan, 2015 12:00am
Ivorian cocoa arrivals seen down

Ivorian cocoa arrivals seen down

Cocoa arrivals at ports in top grower Ivory Coast reached around 820,000 tonnes by January 4 since the start of the season on October 1, exporters estimated on Monday, down from 954,000 tonnes in the same period of the previous season. Exporters estimated
Published 06 Jan, 2015 12:00am
US natural gas futures rise over 2 percent

US natural gas futures rise over 2 percent

US natural gas futures gained over 2.2 percent on Monday on forecasts for more cold weather over the next two weeks. After gaining 4 percent on Friday, front-month gas futures on the New York Mercantile Exchange rose 6.8 cents to $3.071 per million Britis
Published 06 Jan, 2015 12:00am
CBOT March corn to retest support at $3.96

CBOT March corn to retest support at $3.96

CBOT March corn may retest a support at $3.96 per bushel, a break below which will lead to a further loss to $3.91. The support is provided by the 50 percent Fibonacci retracement on the rise from the November 20 low of $3.75-1/4 to the December 29 high o
Published 06 Jan, 2015 12:00am
Asian gasoil, jet fuel prices fall to 5-1/2-year low

Asian gasoil, jet fuel prices fall to 5-1/2-year low

Asian gasoil and jet fuel prices fell to a five- and a-half-year low on Monday, tracking a decline in underlying crude oil prices, with an increase in spot supply masking any impact lower prices might have on demand, traders said. The benchmark 500 ppm su
Published 06 Jan, 2015 12:00am
US MIDDAY: gold climbs

US MIDDAY: gold climbs

Gold rose one percent on Monday as global shares fell early on concerns over the future of Greece in the euro zone and lower oil prices, while buying from top consumer China picked up ahead of the Lunar New Year. Spot gold rose to a session-high of $1,201
Published 06 Jan, 2015 12:00am
US MIDDAY: wheat, corn and soya rally

US MIDDAY: wheat, corn and soya rally

US soyabean, corn and wheat futures rallied early on Monday, rebounding from sharp losses on a round of bargain buying, traders said. "People are coming back from holiday and saying 'look at how hard things got hit' and maybe thinking that it was a little
Published 06 Jan, 2015 12:00am