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Apr 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-07-15
It heartens Syria's Assad, worries rebels

It heartens Syria's Assad, worries rebels

Syrian President Bashar al-Assad signalled on Tuesday he expected more support from his top regional ally Iran in the wake of a nuclear deal that includes Western states that have backed the insurgency against him. Rebels fighting Assad expressed concern
Published 15 Jul, 2015 12:00am
Lower oil prices to slightly boost global growth: IMF

Lower oil prices to slightly boost global growth: IMF

Lower oil prices are expected to modestly boost growth in the global economy, by about a half percentage point in 2015-2016, according to an IMF report released Tuesday. "Lower oil prices should translate into higher spending and therefore support global
Published 15 Jul, 2015 12:00am
Tanzania says to fully embrace foreign capital this year

Tanzania says to fully embrace foreign capital this year

Tanzania is pushing ahead with plans to accept more foreign portfolio investments by the end of 2015 and is taking steps to start setting interest rates, it said in a letter to the International Monetary Fund (IMF) released on Tuesday. The easing of restr
Published 15 Jul, 2015 12:00am
Mood among German investors at lowest in eight months

Mood among German investors at lowest in eight months

Morale among German investors weakened to its lowest level in eight months in July but think tank ZEW said the Greek debt crisis and Chinese financial market volatility were having only a limited effect on the mood in Europe's largest economy.
Published 15 Jul, 2015 12:00am
Mood among German investors at lowest in eight months

Mood among German investors at lowest in eight months

Morale among German investors weakened to its lowest level in eight months in July but think tank ZEW said the Greek debt crisis and Chinese financial market volatility were having only a limited effect on the mood in Europe's largest economy.
Published 15 Jul, 2015 12:00am
China's central bank says financial system stable

China's central bank says financial system stable

China's central bank said on Tuesday the country's financial system was basically stable and it would maintain prudent monetary policy, while also lowering borrowing costs and increasing the portion of direct financing in social financing. Economic condit
Published 15 Jul, 2015 12:00am
IMF calls for Greece debt relief as Germany talks tough

IMF calls for Greece debt relief as Germany talks tough

A secret International Monetary Fund study showed Greece needs far more debt relief than European governments have been willing to contemplate so far, as Germany heaped pressure on Athens on Tuesday to reform and win back its partners' trust. The IMF's st
Published 15 Jul, 2015 12:00am
IMF calls for Greece debt relief as Germany talks tough

IMF calls for Greece debt relief as Germany talks tough

A secret International Monetary Fund study showed Greece needs far more debt relief than European governments have been willing to contemplate so far, as Germany heaped pressure on Athens on Tuesday to reform and win back its partners' trust. The IMF's st
Published 15 Jul, 2015 12:00am
British inflation rate falls back to zero

British inflation rate falls back to zero

Britain's annual inflation rate turned flat in June from the previous month on the back of falling clothing and food prices, official data showed Tuesday. "The Consumer Prices Index (CPI) was unchanged in the year to June 2015, that is, a 12-month rate of
Published 15 Jul, 2015 12:00am
Europe fails to rid itself of deflation threat

Europe fails to rid itself of deflation threat

Europe is failing to shake off the threat of deflation, with prices falling in Sweden, flat-lining in Britain and barely registering any increase in Germany and Italy. Data on Tuesday underlined that central banks across the continent are making little he
Published 15 Jul, 2015 12:00am
Starbucks pushes into Africa with Johannesburg cafe

Starbucks pushes into Africa with Johannesburg cafe

The Starbucks coffee chain will venture into sub-Saharan Africa for the first time by opening a cafe in Johannesburg, the company said Tuesday as it unveiled the latest stage of its global expansion. More than 22,000 Starbucks cafes operate world-wide, bu
Published 15 Jul, 2015 12:00am
J.P Morgan profit beats estimates

J.P Morgan profit beats estimates

J.P. Morgan Chase & Co, kicking off the second-quarter earnings season for US banks, reported a stronger-than-expected rise in profit on Tuesday, helped by a drop in legal and restructuring expenses and a smaller tax bill. Like other banks, the biggest US
Published 15 Jul, 2015 12:00am
J.P Morgan profit beats estimates

J.P Morgan profit beats estimates

J.P. Morgan Chase & Co, kicking off the second-quarter earnings season for US banks, reported a stronger-than-expected rise in profit on Tuesday, helped by a drop in legal and restructuring expenses and a smaller tax bill. Like other banks, the biggest US
Published 15 Jul, 2015 12:00am
Australia business confidence climbs

Australia business confidence climbs

Australian business confidence climbed in June to its highest in 21 months as sales and profits picked up markedly in a sign economic activity at home was withstanding bouts of global uncertainty, a survey showed on Tuesday. National Australia Bank's mont
Published 15 Jul, 2015 12:00am
Canadian home prices rise in June

Canadian home prices rise in June

Canadian home prices rose to a record high in June from a month ago, the sixth consecutive monthly increase, and were up strongly from a year ago as Toronto and Vancouver held momentum, the Teranet-National Bank Composite House Price Index showed on Tuesd
Published 15 Jul, 2015 12:00am
Singapore Q2 GDP unexpectedly contracts
Currency

Singapore Q2 GDP unexpectedly contracts

Singapore's economy contracted in the second quarter as sluggish global demand and government restrictions on foreign labour knocked the manufacturing sector, raising the prospect of further monetary easing later this year. The trade-reliant economy's cur
Published 15 Jul, 2015 12:00am
J&J profit rises

J&J profit rises

Johnson & Johnson reported a better-than-expected profit as sales of its older drugs helped to offset the impact of a strong dollar on revenue from outside the United States. The company raised its profit forecast for the full year on Tuesday, citing stro
Published 15 Jul, 2015 12:00am
J&J profit rises

J&J profit rises

Johnson & Johnson reported a better-than-expected profit as sales of its older drugs helped to offset the impact of a strong dollar on revenue from outside the United States. The company raised its profit forecast for the full year on Tuesday, citing stro
Published 15 Jul, 2015 12:00am
Wells Fargo profit drops

Wells Fargo profit drops

Wells Fargo & Co, the largest US mortgage lender, reported a drop in profit for the second straight quarter as employee costs and other expenses rose at a time when it is struggling with slow revenue growth. Lower interest rates have crimped the bank's ne
Published 15 Jul, 2015 12:00am
Wells Fargo profit drops

Wells Fargo profit drops

Wells Fargo & Co, the largest US mortgage lender, reported a drop in profit for the second straight quarter as employee costs and other expenses rose at a time when it is struggling with slow revenue growth. Lower interest rates have crimped the bank's ne
Published 15 Jul, 2015 12:00am
Wells Fargo profit drops

Wells Fargo profit drops

Wells Fargo & Co, the largest US mortgage lender, reported a drop in profit for the second straight quarter as employee costs and other expenses rose at a time when it is struggling with slow revenue growth. Lower interest rates have crimped the bank''s n
Published 15 Jul, 2015 12:00am
Saudi Electricity Q2 profit drops

Saudi Electricity Q2 profit drops

Saudi Electricity Co (SEC), the Gulf's largest utility firm, reported a 46.1 percent drop in net profit for the second quarter on Tuesday, as it failed to repeat a one-time gain it recorded in the same period last year. It made 1.97 billion riyals ($525.3
Published 15 Jul, 2015 12:00am
Saudi Electricity Q2 profit drops

Saudi Electricity Q2 profit drops

Saudi Electricity Co (SEC), the Gulf's largest utility firm, reported a 46.1 percent drop in net profit for the second quarter on Tuesday, as it failed to repeat a one-time gain it recorded in the same period last year. It made 1.97 billion riyals ($525.3
Published 15 Jul, 2015 12:00am
Kuwait Finance House posts 13.7 percent profit

Kuwait Finance House posts 13.7 percent profit

Kuwait Finance House (KFH), the Gulf state's biggest Islamic lender, reported a 13.7 percent jump in second quarter net profit on Tuesday, according to Reuters calculations from the company's data, but missed analysts' forecasts. Net profit rose to 32.4 m
Published 15 Jul, 2015 12:00am
Kuwait Finance House posts 13.7 percent profit

Kuwait Finance House posts 13.7 percent profit

Kuwait Finance House (KFH), the Gulf state's biggest Islamic lender, reported a 13.7 percent jump in second quarter net profit on Tuesday, according to Reuters calculations from the company's data, but missed analysts' forecasts. Net profit rose to 32.4 m
Published 15 Jul, 2015 12:00am
MPLX to buy MarkWest for $15.63 billion, creating 4th-largest MLP

MPLX to buy MarkWest for $15.63 billion, creating 4th-largest MLP

Marathon Petroleum Corp's master limited partnership (MLP), MPLX LP, will buy natural gas processor MarkWest Energy Partners LP for about $15.63 billion, a deal that will create the fourth-largest MLP by market value. The acquisition, which will create an
Published 15 Jul, 2015 12:00am
Jarden to buy Waddington for $1.35 billion

Jarden to buy Waddington for $1.35 billion

Jarden Corp said it would buy disposable tableware maker Waddington Group for $1.35 billion, bolstering a portfolio of brands that ranges from Sunbeam kitchen appliances to Coleman outdoor gear. Waddington, owned by private equity firm Olympus Partners, m
Published 15 Jul, 2015 12:00am
Jarden to buy Waddington for $1.35 billion

Jarden to buy Waddington for $1.35 billion

Jarden Corp said it would buy disposable tableware maker Waddington Group for $1.35 billion, bolstering a portfolio of brands that ranges from Sunbeam kitchen appliances to Coleman outdoor gear. Waddington, owned by private equity firm Olympus Partners, m
Published 15 Jul, 2015 12:00am
National Bank of Oman profits rise, deposits fall

National Bank of Oman profits rise, deposits fall

National Bank of Oman, the country's third-largest bank by assets, reported a 21.4 percent rise in second-quarter profit on Tuesday, but also revealed a 12 percent decline in customer deposits during the first half of the year. NBO's deposits dropped to 2
Published 15 Jul, 2015 12:00am
National Bank of Oman profits rise, deposits fall

National Bank of Oman profits rise, deposits fall

National Bank of Oman, the country's third-largest bank by assets, reported a 21.4 percent rise in second-quarter profit on Tuesday, but also revealed a 12 percent decline in customer deposits during the first half of the year. NBO's deposits dropped to 2
Published 15 Jul, 2015 12:00am
Indonesia central bank keeps rates on hold, inflation seen a risk

Indonesia central bank keeps rates on hold, inflation seen a risk

Indonesia's central bank kept its key reference rate on hold on Tuesday, resisting loosening policy to bolster an economy growing at its weakest pace since the global financial crisis. Bank Indonesia (BI) said interest rates were in line with its inflatio
Published 15 Jul, 2015 12:00am
Platform Specialty to buy Alent for $2.1 billion

Platform Specialty to buy Alent for $2.1 billion

US chemicals maker Platform Specialty Products Corp said it would buy Britain's Alent Plc for about 1.35 billion pounds ($2.09 billion) in cash to expand the range of chemicals it makes for the electronics and automotive sector. Platform, which was set up
Published 15 Jul, 2015 12:00am
Platform Specialty to buy Alent for $2.1 billion

Platform Specialty to buy Alent for $2.1 billion

US chemicals maker Platform Specialty Products Corp said it would buy Britain's Alent Plc for about 1.35 billion pounds ($2.09 billion) in cash to expand the range of chemicals it makes for the electronics and automotive sector. Platform, which was set up
Published 15 Jul, 2015 12:00am
India wholesale prices drop

India wholesale prices drop

India's wholesale inflation rate fell for an eighth consecutive month in June, government data showed on Tuesday, pulled down by weak global oil prices and above average early monsoon rains. Inflation based on the Wholesale Price Index (WPI), an indicator
Published 15 Jul, 2015 12:00am
Easier trend persists on grain market
Cotton

Easier trend persists on grain market

Most of commodities drifted lower on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the cereals side, Makai easier quality was down by Rs 190 to Rs 1935 and the good type was lower by Rs 150 to Rs 2000, they said.
Published 15 Jul, 2015 12:00am
Canadian Canola futures fall

Canadian Canola futures fall

ICE Canadian canola futures fell on Monday, pressured by a round of farmer sales on the cash market, traders said. The market's recent rally near two-year highs prompted a round of hedging by growers. Traders said that crop conditions appear to have stabi
Published 15 Jul, 2015 12:00am
Modest trade activity on cotton market
Cotton

Modest trade activity on cotton market

Trade activity was modest on the cotton market on Tuesday as major buyers were on the sidelines due to quality factor, dealers said. The official spot rate was unchanged at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs 2300-2350 and in Pun
Published 15 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

A downward trend persisted on the forward cottonseed oilcake market on Tuesday in the process of trading, dealers said. The July vaida closed at Rs 1836.30 and it opened with 10 paisa loss at Rs 1836.20 in the early session, they said. The December vaida
Published 15 Jul, 2015 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 115,701 tonnes of cargo comprising 100,611 tonnes of import cargo and 15,090 tonnes of export cargo including 3,664 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 10
Published 15 Jul, 2015 12:00am
US natural gas futures rise to four-week high

US natural gas futures rise to four-week high

US natural gas futures climbed 3.4 percent to its highest level in four weeks as traders cover shorts on forecasts calling for warmer weather, expected to boost air conditioning demand. Front-month gas futures on the New York Mercantile Exchange rose for
Published 15 Jul, 2015 12:00am
Chinese iron ore futures climb over one percent

Chinese iron ore futures climb over one percent

Chinese iron ore futures climbed more than 1 percent on Tuesday as steel prices recovered on hopes traders would rebuild stockpiles after a recent rout and ahead of seasonal peak demand. Firmer futures may push benchmark spot iron ore higher later in the
Published 15 Jul, 2015 12:00am
US FOB Gulf corn basis offers flat

US FOB Gulf corn basis offers flat

US FOB Gulf corn basis offers were unchanged on Monday on moderate demand as regular importers inquired about routine purchases, traders said. Persistent river transportation problems due to Midwest flooding underpinned CIF barge basis values. That kept a
Published 15 Jul, 2015 12:00am
US Midwest corn, soyabean bids steady

US Midwest corn, soyabean bids steady

Spot basis bids for corn and soyabeans held steady at most processors and elevators around the US Midwest on Monday, grain dealers said. Dealers reported scattered country movement of corn, with farmers' interest in sales perking up as the futures market
Published 15 Jul, 2015 12:00am
CBOT wheat futures mostly lower

CBOT wheat futures mostly lower

Chicago Board of Trade wheat futures were mostly lower on Monday, pressured by gains in the dollar that expanded the competitive disadvantage of US wheat supplies in global export markets, traders said. CBOT July wheat gained in short-covering as investor
Published 15 Jul, 2015 12:00am
HSBC Bank declares PLS profit rates

HSBC Bank declares PLS profit rates

HSBC Bank Oman S.A.O.G has declared the following rates of profit for the period of six months ended June 30, 2015.

Published 15 Jul, 2015 12:00am
HSBC Bank declares PLS profit rates

HSBC Bank declares PLS profit rates

HSBC Bank Oman S.A.O.G has declared the following rates of profit for the period of six months ended June 30, 2015.

Published 15 Jul, 2015 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Monday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,845 million as compared to PKR 3,697 million reported on Friday, an increase of 4 percent. The number of lots traded was 15.634 million. PMEX Commodity Index closed at 2,646.
Published 15 Jul, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 15 Jul, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 15 Jul, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

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 15 Jul, 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 15 Jul, 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 Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
FIRs lodged against Altaf across Sindh

FIRs lodged against Altaf across Sindh

First Information Reports (FIRs) were registered against Muttahida Qaumi Movement (MQM) supremo Altaf Hussain at police stations in various parts of Sindh on late on Monday and Tuesday for making "inflammatory remarks" against the military. During his spe
Published 15 Jul, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
FIRs lodged against Altaf across Sindh

FIRs lodged against Altaf across Sindh

First Information Reports (FIRs) were registered against Muttahida Qaumi Movement (MQM) supremo Altaf Hussain at police stations in various parts of Sindh on late on Monday and Tuesday for making "inflammatory remarks" against the military. During his spe
Published 15 Jul, 2015 12:00am
18-20 percent increase in gas tariff after Eid

18-20 percent increase in gas tariff after Eid

The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
Published 15 Jul, 2015 12:00am
18-20 percent increase in gas tariff after Eid

18-20 percent increase in gas tariff after Eid

The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
Published 15 Jul, 2015 12:00am
18-20 percent increase in gas tariff after Eid

18-20 percent increase in gas tariff after Eid

The government would set an increase in gas tariff by 18-20 percent soon after Eid-ul-Fitr. According to officials at the petroleum ministry, during the last three years, gas tariff for any sector of the economy has not been increased as a result Sui-Nort
Published 15 Jul, 2015 12:00am
Iran deal reached

Iran deal reached

Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. US President Barack Obama hailed a step towards a "more hopeful world" and Iran's Preside
Published 15 Jul, 2015 12:00am
Iran deal reached

Iran deal reached

Iran and six major world powers reached a nuclear deal on Tuesday, capping more than a decade of negotiations with an agreement that could transform the Middle East. US President Barack Obama hailed a step towards a "more hopeful world" and Iran's Preside
Published 15 Jul, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (July 14, 2015).
Published 15 Jul, 2015 12:00am
Pakistan welcomes Iran nuclear-deal

Pakistan welcomes Iran nuclear-deal

Pakistan Tuesday welcomed the comprehensive nuclear agreement reached between Iran and the six major world powers, saying reciprocal confidence-building measures relating to Tehran's nuclear programme auger well for peace and security in the region. "Paki
Published 15 Jul, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
Pakistan welcomes Iran nuclear-deal

Pakistan welcomes Iran nuclear-deal

Pakistan Tuesday welcomed the comprehensive nuclear agreement reached between Iran and the six major world powers, saying reciprocal confidence-building measures relating to Tehran's nuclear programme auger well for peace and security in the region. "Paki
Published 15 Jul, 2015 12:00am
It heartens Syria's Assad, worries rebels

It heartens Syria's Assad, worries rebels

Syrian President Bashar al-Assad signalled on Tuesday he expected more support from his top regional ally Iran in the wake of a nuclear deal that includes Western states that have backed the insurgency against him. Rebels fighting Assad expressed concern
Published 15 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Tuesday (July 14, 2015) and the forecast for Wednesday (July 15, 2015).

Published 15 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
Kazakhstan launches US$4 billion two-part bond

Kazakhstan launches US$4 billion two-part bond

Kazakhstan is set to raise US $4 billion on Tuesday through an offering of new 10-year and 30-year bonds, according to a lead manager. The sovereign launched a US $2.5bn 10-year bond at the final spread of 285bp over US Treasuries and a US $1.5bn 30-year
Published 15 Jul, 2015 12:00am
LSE index improves 48.84 points

LSE index improves 48.84 points

Equities maintained an upward slide for another day and registered gains amid a sluggish trading trend on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 48.84 points to close at 6247.12 against 6198.28 of Monday while transaction volum
Published 15 Jul, 2015 12:00am
LSE index improves 48.84 points

LSE index improves 48.84 points

Equities maintained an upward slide for another day and registered gains amid a sluggish trading trend on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 48.84 points to close at 6247.12 against 6198.28 of Monday while transaction volum
Published 15 Jul, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 14, 2015)

Published 15 Jul, 2015 12:00am
ISE index down 97.69 points

ISE index down 97.69 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 97.69 points as the ISE Ten Index moved from 3,573.35
Published 15 Jul, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
ISE index down 97.69 points

ISE index down 97.69 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 97.69 points as the ISE Ten Index moved from 3,573.35
Published 15 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 15 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 15 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
Altaf rejects cases against him

Altaf rejects cases against him

Muttahida Qaumi Movement (MQM) leader Altaf Hussain has said that MQM is striving for equal rights for people without any discrimination of caste, colour and creed. He advised the party leaders, office-bearers and workers to continue their struggle till t
Published 15 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 14, 2015).

Published 15 Jul, 2015 12:00am
From 2011 till to date: notices issued to collect FED from KSE members

From 2011 till to date: notices issued to collect FED from KSE members

Federal Board of Revenue (FBR) has started issuing notices to the members of Karachi Stocks Exchange (KSE) to collect Federal Excise Duty (FED) from 2011 till to date; raising disenchantment among them over double taxation; it was learnt here on Tuesday.
Published 15 Jul, 2015 12:00am
Copper down on worries over Greece bailout deal, excess supply

Copper down on worries over Greece bailout deal, excess supply

Copper and some other metals retreated on Tuesday on uncertainty about Greece's debt deal and inventory rises that highlighted concerns about excess supply. The London Metal Exchange saw strong gains on Monday following a bailout deal between Greece and c
Published 15 Jul, 2015 12:00am
Ayyan Ali granted bail

Ayyan Ali granted bail

Supermodel Ayyan Ali has been granted bail by a Lahore High Court division bench. On Tuesday the bench also halted investigation into her money-laundering case. The counsel for Ayyan, Sardar Latif Khan Khosa, earlier had told the bench that customs offici
Published 15 Jul, 2015 12:00am
Ayyan Ali granted bail

Ayyan Ali granted bail

Supermodel Ayyan Ali has been granted bail by a Lahore High Court division bench. On Tuesday the bench also halted investigation into her money-laundering case. The counsel for Ayyan, Sardar Latif Khan Khosa, earlier had told the bench that customs offici
Published 15 Jul, 2015 12:00am
ICE cotton ends unchanged after last week's drop
Cotton

ICE cotton ends unchanged after last week's drop

Benchmark cotton prices on ICE were unchanged on Monday, buoyed by buying at key chart support even as worries lingered from a surprise drop in the US government's demand forecast. Cotton news over the past week was a "mixed bag but mostly not good for pr
Published 15 Jul, 2015 12:00am
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