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Print - 2015-06-14
JC be converted into investigation commission: PTI

JC be converted into investigation commission: PTI

Pakistan Tehreek-e-Insaf (PTI) demanded on Saturday to convert Judicial Commission into the Investigation Commission. Head of PTI's legal team, Abdul Hafeez Pirzada, sent an 'emergency' letter to the Judicial Commission. Through which he stated that PTI a
Published 14 Jun, 2015 12:00am
Nato container theft case: 150 suspects freed due to lack of proof

Nato container theft case: 150 suspects freed due to lack of proof

Accountability Court of Karachi on Saturday declared 150 suspects in Nato containers theft case innocent due to lack of proof. The suspects include Custom officials and clearing agents. Dunya News exposed the scandal of thousands of Nato containers being
Published 14 Jun, 2015 12:00am
Dar meets PBA, APNS, CPNE representatives

Dar meets PBA, APNS, CPNE representatives

Finance Minister Senator Mohammad Ishq Dar here Saturday met a delegation of the Pakistan Broadcasters Association, APNS and CPNE. The delegation comprised, among others Hameed Haroon, Mujeeb ur Rehman Shami, Rehmat Ali Razi, Arshad Zuberi, Jamil Ather, M
Published 14 Jun, 2015 12:00am
Dar meets PBA, APNS, CPNE representatives

Dar meets PBA, APNS, CPNE representatives

Finance Minister Senator Mohammad Ishq Dar here Saturday met a delegation of the Pakistan Broadcasters Association, APNS and CPNE. The delegation comprised, among others Hameed Haroon, Mujeeb ur Rehman Shami, Rehmat Ali Razi, Arshad Zuberi, Jamil Ather, M
Published 14 Jun, 2015 12:00am
Focus of budget not on growth: Pasha

Focus of budget not on growth: Pasha

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha stated that the focus of the budget 2015-16 is not on growth; it is rather on reducing the fiscal deficit. Hafeez Pasha in Aaj TV programme "Paisa Bolta Hai" with Anjum Ibrahim stated that additi
Published 14 Jun, 2015 12:00am
Focus of budget not on growth: Pasha

Focus of budget not on growth: Pasha

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha stated that the focus of the budget 2015-16 is not on growth; it is rather on reducing the fiscal deficit. Hafeez Pasha in Aaj TV programme "Paisa Bolta Hai" with Anjum Ibrahim stated that additi
Published 14 Jun, 2015 12:00am
Focus of budget not on growth: Pasha

Focus of budget not on growth: Pasha

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha stated that the focus of the budget 2015-16 is not on growth; it is rather on reducing the fiscal deficit. Hafeez Pasha in Aaj TV programme "Paisa Bolta Hai" with Anjum Ibrahim stated that additi
Published 14 Jun, 2015 12:00am
Nuclear talks face 'many differences': Rouhani

Nuclear talks face 'many differences': Rouhani

There are still "many differences over details" of a nuclear deal Iran and world powers are trying to conclude by June 30, Iranian President Hassan Rouhani said Saturday. Iranian negotiators and those of the P5+1 group (Britain, China, France, Germany, Ru
Published 14 Jun, 2015 12:00am
Nuclear talks face 'many differences': Rouhani

Nuclear talks face 'many differences': Rouhani

There are still "many differences over details" of a nuclear deal Iran and world powers are trying to conclude by June 30, Iranian President Hassan Rouhani said Saturday. Iranian negotiators and those of the P5+1 group (Britain, China, France, Germany, Ru
Published 14 Jun, 2015 12:00am
Clinton promises an America for everyone

Clinton promises an America for everyone

Hillary Clinton launched Saturday her bid to become the first woman president of the United States, unveiling a progressive platform calling for tax breaks for the struggling middle class and universal preschool. Dressed in an electric blue pant suit, a c
Published 14 Jun, 2015 12:00am
Clinton promises an America for everyone

Clinton promises an America for everyone

Hillary Clinton launched Saturday her bid to become the first woman president of the United States, unveiling a progressive platform calling for tax breaks for the struggling middle class and universal preschool. Dressed in an electric blue pant suit, a c
Published 14 Jun, 2015 12:00am
Clinton promises an America for everyone

Clinton promises an America for everyone

Hillary Clinton launched Saturday her bid to become the first woman president of the United States, unveiling a progressive platform calling for tax breaks for the struggling middle class and universal preschool. Dressed in an electric blue pant suit, a c
Published 14 Jun, 2015 12:00am
Greece''s PM warns of ''difficult compromise'' after default threat

Greece''s PM warns of ''difficult compromise'' after default threat

Greek premier Alexis Tsipras warned that Greece must be ready for a "difficult compromise" in its talks with creditors as his closest advisers arrived in Brussels on Saturday to thrash out a last-minute deal. Cash-starved Greece is under huge pressure to
Published 14 Jun, 2015 12:00am
Greece's PM warns of 'difficult compromise' after default threat

Greece's PM warns of 'difficult compromise' after default threat

Greek premier Alexis Tsipras warned that Greece must be ready for a "difficult compromise" in its talks with creditors as his closest advisers arrived in Brussels on Saturday to thrash out a last-minute deal. Cash-starved Greece is under huge pressure to
Published 14 Jun, 2015 12:00am
Greece's PM warns of 'difficult compromise' after default threat

Greece's PM warns of 'difficult compromise' after default threat

Greek premier Alexis Tsipras warned that Greece must be ready for a "difficult compromise" in its talks with creditors as his closest advisers arrived in Brussels on Saturday to thrash out a last-minute deal. Cash-starved Greece is under huge pressure to
Published 14 Jun, 2015 12:00am
WHT recovery: FBR likely to give cash rewards to taxmen

WHT recovery: FBR likely to give cash rewards to taxmen

The Federal Board of Revenue (FBR) is likely to give cash rewards to the tax officers based on their performance of withholding tax recovery at the units of withholding tax in the field formations. In this regard, the field formations have received instru
Published 14 Jun, 2015 12:00am
WHT recovery: FBR likely to give cash rewards to taxmen

WHT recovery: FBR likely to give cash rewards to taxmen

The Federal Board of Revenue (FBR) is likely to give cash rewards to the tax officers based on their performance of withholding tax recovery at the units of withholding tax in the field formations. In this regard, the field formations have received instru
Published 14 Jun, 2015 12:00am
WHT recovery: FBR likely to give cash rewards to taxmen

WHT recovery: FBR likely to give cash rewards to taxmen

The Federal Board of Revenue (FBR) is likely to give cash rewards to the tax officers based on their performance of withholding tax recovery at the units of withholding tax in the field formations. In this regard, the field formations have received instru
Published 14 Jun, 2015 12:00am
Fiscal Year 2014-15: government releases Rs 425.6 billion under PSDP

Fiscal Year 2014-15: government releases Rs 425.6 billion under PSDP

-The Federal government has released 81 percent (Rs 425.6 billion) under 2014-15 Public Sector Development Programme (PSDP) for various projects against total budgeted allocation of Rs 525 billion with two and half weeks for the end of the year. The gover
Published 14 Jun, 2015 12:00am
Fiscal Year 2014-15: government releases Rs 425.6 billion under PSDP

Fiscal Year 2014-15: government releases Rs 425.6 billion under PSDP

-The Federal government has released 81 percent (Rs 425.6 billion) under 2014-15 Public Sector Development Programme (PSDP) for various projects against total budgeted allocation of Rs 525 billion with two and half weeks for the end of the year. The gover
Published 14 Jun, 2015 12:00am
Fiscal Year 2014-15: government releases Rs 425.6 billion under PSDP

Fiscal Year 2014-15: government releases Rs 425.6 billion under PSDP

-The Federal government has released 81 percent (Rs 425.6 billion) under 2014-15 Public Sector Development Programme (PSDP) for various projects against total budgeted allocation of Rs 525 billion with two and half weeks for the end of the year. The gover
Published 14 Jun, 2015 12:00am
CDWP approves six development projects worth Rs 88 billion

CDWP approves six development projects worth Rs 88 billion

The Central Development Working Party (CDWP) approved six development projects worth Rs 88.005 billion, says a release issued here on Saturday. The meeting of CDWP was held under the chairmanship of Federal Minister Planning, Development and Reforms Ahsan
Published 14 Jun, 2015 12:00am
CDWP approves six development projects worth Rs 88 billion

CDWP approves six development projects worth Rs 88 billion

The Central Development Working Party (CDWP) approved six development projects worth Rs 88.005 billion, says a release issued here on Saturday. The meeting of CDWP was held under the chairmanship of Federal Minister Planning, Development and Reforms Ahsan
Published 14 Jun, 2015 12:00am
CDWP approves six development projects worth Rs 88 billion

CDWP approves six development projects worth Rs 88 billion

The Central Development Working Party (CDWP) approved six development projects worth Rs 88.005 billion, says a release issued here on Saturday. The meeting of CDWP was held under the chairmanship of Federal Minister Planning, Development and Reforms Ahsan
Published 14 Jun, 2015 12:00am
US urges Pakistan, India to lower tension

US urges Pakistan, India to lower tension

US State department has urged the two neighbours to resolve their issues and take steps to lower the tensions after tensions grew on both sides following some harsh statements from the Indian political leadership. As per reports, the US State department s
Published 14 Jun, 2015 12:00am
US urges Pakistan, India to lower tension

US urges Pakistan, India to lower tension

US State department has urged the two neighbours to resolve their issues and take steps to lower the tensions after tensions grew on both sides following some harsh statements from the Indian political leadership. As per reports, the US State department s
Published 14 Jun, 2015 12:00am
Peace not at expense of national interests: CoAS

Peace not at expense of national interests: CoAS

Chief of the Army Staff (CoAS) General Raheel Sharif on Saturday said that Pakistan had shown willingness to cooperate with other nations for peace, but not at the expense of its national interests, sovereign rights and national pride. Addressing the Comm
Published 14 Jun, 2015 12:00am
Peace not at expense of national interests: CoAS

Peace not at expense of national interests: CoAS

Chief of the Army Staff (CoAS) General Raheel Sharif on Saturday said that Pakistan had shown willingness to cooperate with other nations for peace, but not at the expense of its national interests, sovereign rights and national pride. Addressing the Comm
Published 14 Jun, 2015 12:00am
Tensions grow between Pakistan, India

Tensions grow between Pakistan, India

The Indian involvement in the events that led to the breakup of Pakistan in 1971 and the acknowledgment of the fact by Prime Minister Narendra Modi as well as provocative statements by other Indian politicians have once again engaged the two nuclear neigh
Published 14 Jun, 2015 12:00am
Tensions grow between Pakistan, India

Tensions grow between Pakistan, India

The Indian involvement in the events that led to the breakup of Pakistan in 1971 and the acknowledgment of the fact by Prime Minister Narendra Modi as well as provocative statements by other Indian politicians have once again engaged the two nuclear neigh
Published 14 Jun, 2015 12:00am
Operation Zarb-e-Azb enters second year: highly significant gains made

Operation Zarb-e-Azb enters second year: highly significant gains made

Operation Zarb-e-Azb has moved to last few pockets near Pak-Afghan border and 2,763 terrorists killed, 837 hideouts destroyed and 253 tons of explosives recovered during the last one year of the operation. In a statement, ISPR says that significant achiev
Published 14 Jun, 2015 12:00am
Operation Zarb-e-Azb enters second year: highly significant gains made

Operation Zarb-e-Azb enters second year: highly significant gains made

Operation Zarb-e-Azb has moved to last few pockets near Pak-Afghan border and 2,763 terrorists killed, 837 hideouts destroyed and 253 tons of explosives recovered during the last one year of the operation. In a statement, ISPR says that significant achiev
Published 14 Jun, 2015 12:00am
PSM issues warning

PSM issues warning

Pakistan Steel Mills (PSM) has reportedly warned the government to ensure implementation of the revised business plan or be ready to pay monthly salary deficit, sources close to Secretary Industries and Production told Business Recorder. Secretary
Published 14 Jun, 2015 12:00am
PSM issues warning

PSM issues warning

Pakistan Steel Mills (PSM) has reportedly warned the government to ensure implementation of the revised business plan or be ready to pay monthly salary deficit, sources close to Secretary Industries and Production told Business Recorder. Secretary
Published 14 Jun, 2015 12:00am
PSM issues warning

PSM issues warning

Pakistan Steel Mills (PSM) has reportedly warned the government to ensure implementation of the revised business plan or be ready to pay monthly salary deficit, sources close to Secretary Industries and Production told Business Recorder. Secretary
Published 14 Jun, 2015 12:00am
Sindh taxes 17 more Services

Sindh taxes 17 more Services

Having set its tax receipts target at Rs 144.12 billion for FY16, the Sindh government has extended the Sindh Sales Tax (SST) to 17 more untaxed services to be taxed at a rate ranging from 6-14 percent. Also, Sindh Revenue Board (SRB) would be substitutin
Published 14 Jun, 2015 12:00am
Sindh taxes 17 more Services

Sindh taxes 17 more Services

Having set its tax receipts target at Rs 144.12 billion for FY16, the Sindh government has extended the Sindh Sales Tax (SST) to 17 more untaxed services to be taxed at a rate ranging from 6-14 percent. Also, Sindh Revenue Board (SRB) would be substitutin
Published 14 Jun, 2015 12:00am
Sindh taxes 17 more Services

Sindh taxes 17 more Services

Having set its tax receipts target at Rs 144.12 billion for FY16, the Sindh government has extended the Sindh Sales Tax (SST) to 17 more untaxed services to be taxed at a rate ranging from 6-14 percent. Also, Sindh Revenue Board (SRB) would be substitutin
Published 14 Jun, 2015 12:00am
Sindh taxes 17 more Services

Sindh taxes 17 more Services

Having set its tax receipts target at Rs 144.12 billion for FY16, the Sindh government has extended the Sindh Sales Tax (SST) to 17 more untaxed services to be taxed at a rate ranging from 6-14 percent. Also, Sindh Revenue Board (SRB) would be substitutin
Published 14 Jun, 2015 12:00am
Sindh taxes 17 more Services

Sindh taxes 17 more Services

Having set its tax receipts target at Rs 144.12 billion for FY16, the Sindh government has extended the Sindh Sales Tax (SST) to 17 more untaxed services to be taxed at a rate ranging from 6-14 percent. Also, Sindh Revenue Board (SRB) would be substitutin
Published 14 Jun, 2015 12:00am
Rs 213.6 billion development outlay for Fiscal Year 2016

Rs 213.6 billion development outlay for Fiscal Year 2016

The Sindh government on Saturday announced a total Rs 213.6 billion development outlay for next fiscal year 2015-16 (FY16), which is even less than the actual estimates of Rs 215.3 billion for the current fiscal year (FY15). However, the development outla
Published 14 Jun, 2015 12:00am
Rs 213.6 billion development outlay for Fiscal Year 2016

Rs 213.6 billion development outlay for Fiscal Year 2016

The Sindh government on Saturday announced a total Rs 213.6 billion development outlay for next fiscal year 2015-16 (FY16), which is even less than the actual estimates of Rs 215.3 billion for the current fiscal year (FY15). However, the development outla
Published 14 Jun, 2015 12:00am
Rs 213.6 billion development outlay for Fiscal Year 2016

Rs 213.6 billion development outlay for Fiscal Year 2016

The Sindh government on Saturday announced a total Rs 213.6 billion development outlay for next fiscal year 2015-16 (FY16), which is even less than the actual estimates of Rs 215.3 billion for the current fiscal year (FY15). However, the development outla
Published 14 Jun, 2015 12:00am
Rs 213.6 billion development outlay for Fiscal Year 2016

Rs 213.6 billion development outlay for Fiscal Year 2016

The Sindh government on Saturday announced a total Rs 213.6 billion development outlay for next fiscal year 2015-16 (FY16), which is even less than the actual estimates of Rs 215.3 billion for the current fiscal year (FY15). However, the development outla
Published 14 Jun, 2015 12:00am
Rs 739 billion Sindh deficit budget invites strong protest

Rs 739 billion Sindh deficit budget invites strong protest

The PML-N led center was under fire for reduced federal transfers during the outgoing FY15, as the PPP-dominated Sindh government unveiled its Rs 739.301 billion budget for Financial Year 2015-16 Saturday. The budget, however invited a strong protest from
Published 14 Jun, 2015 12:00am
Rs 739 billion Sindh deficit budget invites strong protest

Rs 739 billion Sindh deficit budget invites strong protest

The PML-N led center was under fire for reduced federal transfers during the outgoing FY15, as the PPP-dominated Sindh government unveiled its Rs 739.301 billion budget for Financial Year 2015-16 Saturday. The budget, however invited a strong protest from
Published 14 Jun, 2015 12:00am
Rs 739 billion Sindh deficit budget invites strong protest

Rs 739 billion Sindh deficit budget invites strong protest

The PML-N led center was under fire for reduced federal transfers during the outgoing FY15, as the PPP-dominated Sindh government unveiled its Rs 739.301 billion budget for Financial Year 2015-16 Saturday. The budget, however invited a strong protest from
Published 14 Jun, 2015 12:00am
Rs 739 billion Sindh deficit budget invites strong protest

Rs 739 billion Sindh deficit budget invites strong protest

The PML-N led center was under fire for reduced federal transfers during the outgoing FY15, as the PPP-dominated Sindh government unveiled its Rs 739.301 billion budget for Financial Year 2015-16 Saturday. The budget, however invited a strong protest from
Published 14 Jun, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (June 13, 2015) and the forecast for Sunday (June 14, 2015).

Published 14 Jun, 2015 12:00am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (May 4-29 2015)

Published 14 Jun, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 13, 2015).

Published 14 Jun, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 13, 2015).

Published 14 Jun, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 13, 2015)

Published 14 Jun, 2015 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 (June 13, 2015).

Published 14 Jun, 2015 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 (June 13, 2015).

Published 14 Jun, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 13, 2015).

Published 14 Jun, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (June 13, 2015).

Published 14 Jun, 2015 12:00am
THE RUPEE: slight recovery
Currency

THE RUPEE: slight recovery

The rupee managed to recover modestly against the dollar on the currency market on Saturday in the process of trading, they said. The rupee gained 10-paisa in relation to the dollar for buying and selling at Rs 102.90 and Rs 103.10 respectively, however i
Published 14 Jun, 2015 12:00am
THE RUPEE: slight recovery
Currency

THE RUPEE: slight recovery

The rupee managed to recover modestly against the dollar on the currency market on Saturday in the process of trading, they said. The rupee gained 10-paisa in relation to the dollar for buying and selling at Rs 102.90 and Rs 103.10 respectively, however i
Published 14 Jun, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (June 13, 2015).

Published 14 Jun, 2015 12:00am
Tunisia buys soft wheat, durum and barley

Tunisia buys soft wheat, durum and barley

Tunisia's state grains agency has purchased about 92,000 tonnes of soft wheat, 59,000 tonnes of durum wheat and 50,000 tonnes of feed barley in a tender that closed on Friday, European traders said. All the grains can be sourced from optional origins, the
Published 14 Jun, 2015 12:00am
Prices mixed on European vegoils market
Vegetable Oil

Prices mixed on European vegoils market

Prices on the European vegetable oils market were mixed on Friday as the market reacted to earlier losses in Malaysian palm oil and US soyaoil futures, as well as fresh movements in the euro-dollar rate. Activity was light after a volatile week that has s
Published 14 Jun, 2015 12:00am
CBOT wheat futures modestly lower

CBOT wheat futures modestly lower

Wheat futures on the Chicago Board of Trade posted modest declines on Friday as ample world supplies and strong export competition overshadowed fund short-covering and worries about US harvest delays. CBOT July wheat dipped to a 1-1/2 week low of $5.00-1/
Published 14 Jun, 2015 12:00am
Mixed trend on grain market
Cotton

Mixed trend on grain market

Prices moved both ways on the wholesale grain market on Saturday in the process of modest trading, dealers added. On the cereals side, Moong Punjab was higher by Rs 625 to Rs 11500, Moong Afghan followed same pattern, picking up Rs 375 to Rs 12500, other
Published 14 Jun, 2015 12:00am
Syria tenders for 150,000 tonnes of wheat with payment from Iran

Syria tenders for 150,000 tonnes of wheat with payment from Iran

A Syrian state grains agency has issued an international tender to purchase and import 150,000 tonnes of milling wheat, with payment offered using an Iranian credit line, European traders said on Friday. The tender deadline is June 16, traders said.
Published 14 Jun, 2015 12:00am
Canadian canola futures dip

Canadian canola futures dip

ICE Canadian canola futures dipped on Friday, registering a 2.4 percent weekly loss, on a lack of buying demand in thin trading volume. Trade eyeing rain forecast for Friday and weekend in dry parts of Western Canada. Alberta top soil moisture rated 43 pe
Published 14 Jun, 2015 12:00am
Chinese natural gas output drops for second month

Chinese natural gas output drops for second month

China's natural gas output fell 2 percent in May from a year earlier, official data showed on Thursday, its second straight month of decline as the market expects Beijing to announce another price cut in the coming months to lift slowing demand. Output re
Published 14 Jun, 2015 12:00am
Asia rice: Prices weak, eyes on Vietnam's next harvest

Asia rice: Prices weak, eyes on Vietnam's next harvest

A lack of fresh buying demand has kept Asia's rice markets muted this week, keeping prices low in both Thailand and Vietnam, while buyers may wait for prices to soften further when a new harvest begins in Vietnam next month, traders said on Wednesday. Las
Published 14 Jun, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

The July vaida was down on the forward cottonseed oilcake market on Saturday in the process of trading, dealers said. The July vaida closed at Rs 1847.00 and it opened with a fall of 50 paisa at Rs 1846.50 in the morning session, they said. The December v
Published 14 Jun, 2015 12:00am
Cotton market: trade activity improves on rising demand
Cotton

Cotton market: trade activity improves on rising demand

Prices halted decline on the cotton market on Saturday as needy spinners indulged in buying to meet their needs, dealers said. The official spot rate was unchanged at Rs 5450, dealers said. In the ready session, over 5000 bales of cotton changed hands bet
Published 14 Jun, 2015 12:00am
US Plains HRW wheat bids flat

US Plains HRW wheat bids flat

Spot basis bids for hard red winter wheat were unchanged in the southern US Plains crop belt on Friday and country offerings were light while rains stalled the harvest in parts of Oklahoma, dealers said. Delays should persist as storms over the next five
Published 14 Jun, 2015 12:00am
China's iron ore futures jump nearly 4 percent

China's iron ore futures jump nearly 4 percent

Iron ore futures in China jumped nearly 4 percent at one stage on Thursday to their highest since March, extending sharp gains from the previous session amid tighter stocks at the country's ports. Gains in futures are likely to give a further boost to spo
Published 14 Jun, 2015 12:00am
China seen cutting state corn prices as stocks rise

China seen cutting state corn prices as stocks rise

China, the world's second-largest corn consumer, is likely to cut the government support price for the 2015/16 harvest to encourage greater use of domestic grain and bring down the volume of cheap imports, industry sources said. Beijing's buying scheme, a
Published 14 Jun, 2015 12:00am
US FOB Gulf wheat offers fall

US FOB Gulf wheat offers fall

US FOB Gulf wheat basis offers fell on Friday pressured by harvest and continued weak export demand while corn and soyabeans were steady in quiet markets, traders said. Soft red winter wheat offers at the New Orleans Gulf fell 5 to 8 cents a bushel late F
Published 14 Jun, 2015 12:00am
US natural gas futures ease with weaker demand

US natural gas futures ease with weaker demand

US natural gas futures fell over 2 percent on Friday on forecasts for weaker demand over the next two weeks and mostly improving production as pipelines exit maintenance work. Front-month gas futures on the New York Mercantile Exchange closed down 7.5 cen
Published 14 Jun, 2015 12:00am
Vietnam coffee sales steady, Indonesian supply tight

Vietnam coffee sales steady, Indonesian supply tight

Coffee sales from Vietnam, the world's top robusta producer, have been steady in the past week as speculators extended offloading, while thin supply from Indonesia's harvest hardly meets domestic demand, traders said on Thursday. A gain in robusta futures
Published 14 Jun, 2015 12:00am
China's alumina prices drop on growing supply

China's alumina prices drop on growing supply

Prices of alumina in China have fallen more than 10 percent since January and are unlikely to recover this year as lower production costs encourage refineries to boost output, industry sources in the country said. Refiners usually sell alumina to aluminiu
Published 14 Jun, 2015 12:00am
EU wheat futures drop after bigger US harvest forecast

EU wheat futures drop after bigger US harvest forecast

European Union wheat futures dropped on Wednesday as the US Department of Agriculture (USDA) raised its estimate of the US wheat harvest above analysts' expectations. December wheat, the new crop benchmark on the Paris-based Euronext market, unofficially
Published 14 Jun, 2015 12:00am
Belgium's Mithra to list on Brussels stock exchange

Belgium's Mithra to list on Brussels stock exchange

Belgian pharmaceuticals group Mithra, a specialist in women's healthcare, will list on the Brussels stock exchange to fund research for new medicines, the group said on Monday. Mithra, based in Liege in the east of the country, makes contraceptive pills a
Published 14 Jun, 2015 12:00am
Belgium's Mithra to list on Brussels stock exchange

Belgium's Mithra to list on Brussels stock exchange

Belgian pharmaceuticals group Mithra, a specialist in women's healthcare, will list on the Brussels stock exchange to fund research for new medicines, the group said on Monday. Mithra, based in Liege in the east of the country, makes contraceptive pills a
Published 14 Jun, 2015 12:00am
China approves first REIT listing of Vanke properties

China approves first REIT listing of Vanke properties

China has approved its first real estate investment trust (REIT) public offering, which will consist of office properties owned by China Vanke and managed by Penghua Fund Management, the country's largest property developer said on Tuesday. The REIT will
Published 14 Jun, 2015 12:00am
China approves first REIT listing of Vanke properties

China approves first REIT listing of Vanke properties

China has approved its first real estate investment trust (REIT) public offering, which will consist of office properties owned by China Vanke and managed by Penghua Fund Management, the country's largest property developer said on Tuesday. The REIT will
Published 14 Jun, 2015 12:00am