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Print - 2017-07-02
Prime Minister to announce special package for Karachi: Zubair

Prime Minister to announce special package for Karachi: Zubair

Industrial development and prosperity is among the priorities of the government of Prime Minister Muhammad Nawaz Sharif who would also soon announce a special package for Karachi. This was stated by the Governor of Sindh, Mohammad Zubair while talking to
Published 02 Jul, 2017 12:00am
Dar asks FBR officials to expedite tax collection process

Dar asks FBR officials to expedite tax collection process

Federal Minister for Finance Senator Mohammad Ishaq Dar has directed the officials of Federal Board of Revenue (FBR) to further expedite the process of tax revenue collection. He issued the directives while chairing a meeting on Saturday at the Ministry o
Published 02 Jul, 2017 12:00am
Two electrocuted

Two electrocuted

Two people were electrocuted to death while several others affected as passenger bus touched high tension power line here on Saturday. Police said that passenger bus mistakenly touched high tension power line passing over at Nounar Road in Narowal.
Published 02 Jul, 2017 12:00am
Senior journalist Sharif Farooq passes away

Senior journalist Sharif Farooq passes away

Senior journalists, chief editor Daily Jehad, author of several books and laureate of Presidential Pride of Performance Award, Sharif Farooq passed away after protracted illness. Late, Sharif Farooq remained Editor, Daily Shahbaz, Peshawar from 1951 to 19
Published 02 Jul, 2017 12:00am
Prime Minister to attend Tajikistan Summit

Prime Minister to attend Tajikistan Summit

Prime Minister's Advisor on Foreign Affairs Sartaj Aziz has said that Prime Minister Nawaz Sharif will visit Tajikistan on Wednesday to attend Pakistan-Afghanistan-Tajikistan summit. Talking to journalists in Islamabad, he said, "Relations with Afghanista
Published 02 Jul, 2017 12:00am
Khattak for efficient taxation system

Khattak for efficient taxation system

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed for efficient taxation system in the province adding the revenue and excise department should work out a comprehensive strategy for recovery in the province. He was presiding over a meeting at
Published 02 Jul, 2017 12:00am
Normalcy returns to Parachinar

Normalcy returns to Parachinar

Life in the city of Kurram Agency started getting back to normal on Saturday after tribes people ended their sit-in on Friday against the twin blasts. The markets were opened after nearly eight days, relieving the shopkeepers of worry for their businesses
Published 02 Jul, 2017 12:00am
Some elements bent upon creating anarchy to fail CPEC: Ahsan

Some elements bent upon creating anarchy to fail CPEC: Ahsan

Minister for Planning Development and Reforms Ahsan Iqbal on Saturday said that some elements were trying to create political instability and anarchy with the designs to fail China Pakistan Economic Corridor (CPEC) project. In a statement issued here, he
Published 02 Jul, 2017 12:00am
Human trafficker nabbed

Human trafficker nabbed

The Federal Investigation Agency (FIA) arrested two including a human trafficker and a fraudster during separate actions here on Saturday. The FIA launched a crackdown in Narowal city during which an accused identified as Ansar and involved in sending peo
Published 02 Jul, 2017 12:00am
Marriyum condoles Sharif Farooq's death

Marriyum condoles Sharif Farooq's death

Minister of State for Information, Broadcasting and National Heritage, Marriyum Aurangzeb on Saturday expressed deep grief and sorrow over the demise of veteran journalist Sharif Farooq. In her message, she said Sharif Farooq always pursued high journalis
Published 02 Jul, 2017 12:00am
Hot, humid weather forecast

Hot, humid weather forecast

The Met Office on Saturday forecast mainly hot and humid weather for the most parts of the country in next 24 hours. However, it said, rain-thundershowers with gusty winds are expected at isolated places in Rawalpindi, Lahore, Gujranwala, Malakand, Hazara
Published 02 Jul, 2017 12:00am
Over Rs 1.35 billion being spent on uplift projects in Bhit Shah

Over Rs 1.35 billion being spent on uplift projects in Bhit Shah

Provincial Assembly member Dr. Makhdoom Rafik Zaman has said that over Rs 1.35 billion development schemes under provincial and district Annual Development Programme (ADP) were underway in Bhitshah which will benefit the people of the areas.
Published 02 Jul, 2017 12:00am
KCCI attributes colossal losses to long bank holidays

KCCI attributes colossal losses to long bank holidays

Member of Karachi Chamber of Commerce and Industry and prominent businessmen Ateeq ur Rehman has said that the long bank holidays caused colossal losses amounting millions of rupees leaving deleterious impacts on the economy. He said that problems of comm
Published 02 Jul, 2017 12:00am
Academic session at CEAD from tomorrow

Academic session at CEAD from tomorrow

The educational activities at Centre of Excellence in Arts and Design (CEAD), Mehran University of Engineering and Technology (MUET) Jamshoro will commence from July 03. The Director CEAD, Prof Dr Bhai Khan Shar issued the notification of closing of summe
Published 02 Jul, 2017 12:00am
Cadbury Dairy Milk team celebrates Eid at Dar-ul-Sukun

Cadbury Dairy Milk team celebrates Eid at Dar-ul-Sukun

This year Cadbury Dairy Milk celebrates Eid with the residents of Dar-ul-Sukun bringing them the joy of togetherness. As part of its Eid campaign, the Cadbury Dairy Milk team devoted a day of fun filled activities for the young and elderly at Dar-ul-Sukun
Published 02 Jul, 2017 12:00am
JI seeks emergency for Karachi to end civic crisis

JI seeks emergency for Karachi to end civic crisis

Jamaat-e-Islami (JI), Karachi Chapter, on Saturday sought emergency to scale back the growing untidiness that plagued the city in the wake of first monsoon rainy spells. Speaking at a press conference at Idara Noor-e-Haq, Chief of JI Karachi, Engr Naeem-u
Published 02 Jul, 2017 12:00am
PPP Punjab Women Wing office-bearers

PPP Punjab Women Wing office-bearers

Pakistan Peoples Party Chairman Bilawal Bhutto Zardari has announced the office-bearers of PPP Punjab Women Wing. Jameel Soomro, Political Secretary of Bilawal Bhutto, notified the names of Nasira Meo as Vice President and Nargis Faiz Malik as General Sec
Published 02 Jul, 2017 12:00am
'New technology to help sow rice without water'

'New technology to help sow rice without water'

Pakistani Agricultural scientists have evolved a new variety of rice which required no water and it can be sown in Barani areas, said Provincial Secretary Agriculture Punjab Muhammad Mahmud while talking to newsmen, here on Saturday. He said that Pakistan
Published 02 Jul, 2017 12:00am
Indus highway to be replaced with expressway: Muqam

Indus highway to be replaced with expressway: Muqam

Advisor to Prime Minister Engineer Ameer Muqam said that Indus highway would be replaced with expressway and alleged that Pakistan Tehreek-i-Insaf government miserably failed to bring any change in the lives of the people of the province. He was addressin
Published 02 Jul, 2017 12:00am
June 23 Quetta bombing: police releases photo of alleged suicide bomber

June 23 Quetta bombing: police releases photo of alleged suicide bomber

A photo has been released of the alleged suicide bomber who blew himself up on Gulistan Road in Quetta on June 23 killing at least 15 people. According to the police, the photo has been released so that people could help the police in their investigation
Published 02 Jul, 2017 12:00am
12 die in rain-related mishaps in Balochistan

12 die in rain-related mishaps in Balochistan

At least 12 people lost their lives in rain and flood-related incidents across Balochistan, as monsoon showers lashed different parts of the province as well as the country. Streams and drains on Koh-e-Sulaiman faced flooding, prompting closure of roads a
Published 02 Jul, 2017 12:00am
Three killed for Karo Kari in Dera Murad Jamali

Three killed for Karo Kari in Dera Murad Jamali

Three persons were killed on charges of Karo Kari here on Saturday. According to details, those shot dead were a youth, his brother and a girl in Goth Dur Mohammad in Dera Murad Jamali. The accused fled from the scene.
Published 02 Jul, 2017 12:00am
Oil tanker turns turtle in Nawabshah, catches fire

Oil tanker turns turtle in Nawabshah, catches fire

An oil tanker that was going from Karachi to Punjab turned turtle on National Highway near Qazi Ahmed in Nawabshah on Saturday. According to details, the truck caught fire as soon as it overturned but the driver managed to escape the blaze. The rescue tea
Published 02 Jul, 2017 12:00am
Central Jail's deputy superintendent, head clerk arrested

Central Jail's deputy superintendent, head clerk arrested

The development has been seen in the case pertaining to the prisoners' escape from Central Jail in Karachi as Deputy Superintendent Amjad and Head Clerk Naveed were arrested on Saturday. According to the investigation, the two were declared accused in the
Published 02 Jul, 2017 12:00am
'A burning issue'

'A burning issue'

This is apropos a Business Recorder op-ed "A burning issue" penned by Ikram Sehgal. The writer has raised some highly valuable points with regard to absence or grave lack of appropriately equipped burns units in our hospitals. He has offered a high
Updated 10 Jul, 2017 10:03am
Brazilian port where slaves arrived close to UNESCO status

Brazilian port where slaves arrived close to UNESCO status

The worn paving stones discovered under a thick layer of modern concrete in Rio de Janeiro don't look like much at first. But it was here that some million slaves from Africa took their first steps in Brazil.
Published 02 Jul, 2017 12:00am
Painted huts offer DR Congo village a tourism lifeline

Painted huts offer DR Congo village a tourism lifeline

There's no electricity and only 500 residents in the Congolese village of Makwatsha, but a longstanding tradition by its womenfolk has turned it almost by accident into a star attraction for Chinese tourists.
Published 02 Jul, 2017 12:00am
Risks to global growth

Risks to global growth

According to Claudio Borio, the Head of the Monetary and Economic Department of the Bank of International Settlements (BIS) - the body that represents central banks - a new recession could come "with a vengeance" and "the end may come to resemble more clo
Published 02 Jul, 2017 12:00am
Census report delay and elections

Census report delay and elections

When the national census was held earlier this year, it was expected that the 2018 general elections would be reflective of the new demographic realities. That is not to be. The Chief Statistician informed the Election Commission of Pakistan (ECP) at a re
Published 02 Jul, 2017 12:00am
Xi draws 'red line' in HK as protesters march

Xi draws 'red line' in HK as protesters march

China's President Xi Jinping warned Saturday that any challenge to Beijing's control over Hong Kong crossed a "red line", as tens of thousands calling for more democracy marched through the city 20 years after it was handed back by Britain. Xi spoke in a
Published 02 Jul, 2017 12:00am
Xi draws 'red line' in HK as protesters march

Xi draws 'red line' in HK as protesters march

China's President Xi Jinping warned Saturday that any challenge to Beijing's control over Hong Kong crossed a "red line", as tens of thousands calling for more democracy marched through the city 20 years after it was handed back by Britain. Xi spoke in a
Published 02 Jul, 2017 12:00am
Japan-EU trade deal ''almost there''

Japan-EU trade deal ''almost there''

The European Union''s top trade official said Saturday that a Japan-EU free trade deal was "almost there", as the two sides look to ink an agreement seen as a push back against rising protectionism. EU Trade Commissioner Cecilia Malmstrom was in Tokyo wit
Published 02 Jul, 2017 12:00am
Japan-EU trade deal 'almost there'

Japan-EU trade deal 'almost there'

The European Union's top trade official said Saturday that a Japan-EU free trade deal was "almost there", as the two sides look to ink an agreement seen as a push back against rising protectionism. EU Trade Commissioner Cecilia Malmstrom was in Tokyo with
Published 02 Jul, 2017 12:00am
Japan-EU trade deal 'almost there'

Japan-EU trade deal 'almost there'

The European Union's top trade official said Saturday that a Japan-EU free trade deal was "almost there", as the two sides look to ink an agreement seen as a push back against rising protectionism. EU Trade Commissioner Cecilia Malmstrom was in Tokyo with
Published 02 Jul, 2017 12:00am
US warns businesses of hacking campaign against nuclear, energy firms

US warns businesses of hacking campaign against nuclear, energy firms

The US government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors, the latest event to highlight the power industry''s vulnerability to cyber attacks. Since at least May, hackers used tainted "phishing"
Published 02 Jul, 2017 12:00am
US warns businesses of hacking campaign against nuclear, energy firms

US warns businesses of hacking campaign against nuclear, energy firms

The US government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors, the latest event to highlight the power industry's vulnerability to cyber attacks. Since at least May, hackers used tainted "phishing" e
Published 02 Jul, 2017 12:00am
US warns businesses of hacking campaign against nuclear, energy firms

US warns businesses of hacking campaign against nuclear, energy firms

The US government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors, the latest event to highlight the power industry's vulnerability to cyber attacks. Since at least May, hackers used tainted "phishing" e
Published 02 Jul, 2017 12:00am
Thousands protest in London against austerity, PM

Thousands protest in London against austerity, PM

Thousands of people marched through London on Saturday to protest over austerity and demand Prime Minister Theresa May's government resign after its disastrous showing in last month's election. Demonstrators converged in front of the BBC headquarters in c
Published 02 Jul, 2017 12:00am
Thousands protest in London against austerity, PM

Thousands protest in London against austerity, PM

Thousands of people marched through London on Saturday to protest over austerity and demand Prime Minister Theresa May's government resign after its disastrous showing in last month's election. Demonstrators converged in front of the BBC headquarters in c
Published 02 Jul, 2017 12:00am
Europe pays tribute to Helmut Kohl

Europe pays tribute to Helmut Kohl

European leaders joined with former US president Bill Clinton at an emotional tribute in Strasbourg on Saturday for former German chancellor Helmut Kohl, the father of German reunification and a founder of modern-day Europe.
Published 02 Jul, 2017 12:00am
Europe pays tribute to Helmut Kohl

Europe pays tribute to Helmut Kohl

European leaders joined with former US president Bill Clinton at an emotional tribute in Strasbourg on Saturday for former German chancellor Helmut Kohl, the father of German reunification and a founder of modern-day Europe.
Published 02 Jul, 2017 12:00am
Plastic bomb kills four in Khyber

Plastic bomb kills four in Khyber

Four people were killed including a soldier and two paramilitary troops when a bomb concealed in a plastic bag went off in the Khyber district, officials said Saturday. The incident occurred when security officials spotted a suspicious plastic bag near a
Published 02 Jul, 2017 12:00am
Plastic bomb kills four in Khyber

Plastic bomb kills four in Khyber

Four people were killed including a soldier and two paramilitary troops when a bomb concealed in a plastic bag went off in the Khyber district, officials said Saturday. The incident occurred when security officials spotted a suspicious plastic bag near a
Published 02 Jul, 2017 12:00am
Five North Koreans sail across tense border to South Korea

Five North Koreans sail across tense border to South Korea

Five North Koreans in a small boat crossed the sea border into South Korean waters Saturday, a Coast Guard official said, in an apparent bid to defect to the South. The five people, including four men and one woman, have expressed their wish to live in th
Published 02 Jul, 2017 12:00am
19 gunmen killed in clashes with Mexico police

19 gunmen killed in clashes with Mexico police

Clashes killed 19 gunmen and injured five police officers in the northern Mexican state of Sinaloa, the heart of operations of some of the country's biggest drug traffickers, authorities said Saturday.
Published 02 Jul, 2017 12:00am
Projectile from Syria hits Israeli-occupied Golan

Projectile from Syria hits Israeli-occupied Golan

Stray fire from Syria hit the Israeli-occupied Golan Heights on Saturday, the Israeli army said, in the latest such incident across the armistice line. "A projectile launched from Syria hit an open area in the northern Golan Heights," an army statement sa
Published 02 Jul, 2017 12:00am
Thousands march for same-sex marriage in Northern Ireland

Thousands march for same-sex marriage in Northern Ireland

Thousands of people marched in Belfast on Saturday to demand Northern Ireland join the rest of the United Kingdom in legalising same-sex marriage, a step blocked by the region's largest party, a key ally of British Prime Minister Theresa May. The Democrat
Published 02 Jul, 2017 12:00am
Magnitude 6.0 quake hits off Ecuador coast, damage limited

Magnitude 6.0 quake hits off Ecuador coast, damage limited

A magnitude 6.0 earthquake struck just off the coast of central Ecuador on Friday, the US Geological Survey (USGS) said, though the government said damage was limited and only five people suffered minor injuries. The government's ECU 911 safety service sa
Published 02 Jul, 2017 12:00am
Two civilians, two freedom fighters martyred in IHK

Two civilians, two freedom fighters martyred in IHK

Two civilians, including a woman, and two freedom fighters were killed and six other people wounded during a fire fight between freedom fighters and Indian forces in Indian-held Kashmir on Saturday, police and hospital authorities said. The gun battle bro
Published 02 Jul, 2017 12:00am
Two civilians, two freedom fighters martyred in IHK

Two civilians, two freedom fighters martyred in IHK

Two civilians, including a woman, and two freedom fighters were killed and six other people wounded during a fire fight between freedom fighters and Indian forces in Indian-held Kashmir on Saturday, police and hospital authorities said. The gun battle bro
Published 02 Jul, 2017 12:00am
India launches tax revolution amid business doubts

India launches tax revolution amid business doubts

India on Saturday launched its biggest ever fiscal reform with the government promising that a new nationwide tax would make the economy stronger and less corrupt, but businesses are nervous about the revolution. The new goods and services tax (GST) repla
Published 02 Jul, 2017 12:00am
India launches tax revolution amid business doubts

India launches tax revolution amid business doubts

India on Saturday launched its biggest ever fiscal reform with the government promising that a new nationwide tax would make the economy stronger and less corrupt, but businesses are nervous about the revolution. The new goods and services tax (GST) repla
Published 02 Jul, 2017 12:00am
India launches tax revolution amid business doubts

India launches tax revolution amid business doubts

India on Saturday launched its biggest ever fiscal reform with the government promising that a new nationwide tax would make the economy stronger and less corrupt, but businesses are nervous about the revolution. The new goods and services tax (GST) repla
Published 02 Jul, 2017 12:00am
ST notifications issued to implement budgetary steps

ST notifications issued to implement budgetary steps

The Federal Board of Revenue (FBR) has issued sales tax notifications to implement budgetary measures for 2017-18 including one percent further sales tax on supplies made to unregistered persons within the five export-oriented sectors under SRO 1125(1)/20
Published 02 Jul, 2017 12:00am
ST notifications issued to implement budgetary steps

ST notifications issued to implement budgetary steps

The Federal Board of Revenue (FBR) has issued sales tax notifications to implement budgetary measures for 2017-18 including one percent further sales tax on supplies made to unregistered persons within the five export-oriented sectors under SRO 1125(1)/20
Published 02 Jul, 2017 12:00am
ST notifications issued to implement budgetary steps

ST notifications issued to implement budgetary steps

The Federal Board of Revenue (FBR) has issued sales tax notifications to implement budgetary measures for 2017-18 including one percent further sales tax on supplies made to unregistered persons within the five export-oriented sectors under SRO 1125(1)/20
Published 02 Jul, 2017 12:00am
PML-N being victimised for upholding rule of law: Saad

PML-N being victimised for upholding rule of law: Saad

The ruling Pakistan Muslim League-Nawaz (PML-N) has decided to evolve an aggressive strategy to highlight party's viewpoint in the present scenario. Sources in the PML-N said the party leadership has asked all the party wings to highlight conspiracies hat
Published 02 Jul, 2017 12:00am
PML-N being victimised for upholding rule of law: Saad

PML-N being victimised for upholding rule of law: Saad

The ruling Pakistan Muslim League-Nawaz (PML-N) has decided to evolve an aggressive strategy to highlight party's viewpoint in the present scenario. Sources in the PML-N said the party leadership has asked all the party wings to highlight conspiracies hat
Published 02 Jul, 2017 12:00am
JIT likely to summon Dar
Exchange

JIT likely to summon Dar

There are intense speculations in the federal capital that the joint investigation team (JIT) probing offshore assets of Sharif family is contemplating upon summoning First Lady Kulsoom Nawaz Sharif along with Finance Minister Ishaq Dar, a close aide of P
Published 02 Jul, 2017 12:00am
JIT likely to summon Dar
Exchange

JIT likely to summon Dar

There are intense speculations in the federal capital that the joint investigation team (JIT) probing offshore assets of Sharif family is contemplating upon summoning First Lady Kulsoom Nawaz Sharif along with Finance Minister Ishaq Dar, a close aide of P
Published 02 Jul, 2017 12:00am
Zardari heaps more criticism on Nawaz

Zardari heaps more criticism on Nawaz

Former President Asif Ali Zardari on Saturday criticised Prime Minister Nawaz Sharif's poor National Assembly attendance record. Addressing an event in Moro, the PPP co-chairman said the premier had attended only four sessions of the assembly in the past
Published 02 Jul, 2017 12:00am
Zardari heaps more criticism on Nawaz

Zardari heaps more criticism on Nawaz

Former President Asif Ali Zardari on Saturday criticised Prime Minister Nawaz Sharif's poor National Assembly attendance record. Addressing an event in Moro, the PPP co-chairman said the premier had attended only four sessions of the assembly in the past
Published 02 Jul, 2017 12:00am
Raymond Davis: Zardari, Gillani tried to obtain immunity: Qureshi

Raymond Davis: Zardari, Gillani tried to obtain immunity: Qureshi

Ex-foreign minister of Pakistan and current Vice Chairman of PTI Shah Mehmood Qureshi claimed that the then-president and prime minister Asif Ali Zardari and Syed Yousuf Raza Gillani tried to obtain immunity for US national Raymond Davis through him, a pr
Published 02 Jul, 2017 12:00am
JIT summoned Maryam because of Safdar's answers

JIT summoned Maryam because of Safdar's answers

The answers given by Maryam Nawaz's husband Captain Safdar (Retired) during the questioning by Joint Investigation Team (JIT), probing offshore wealth of the Sharif family in the Panamagate case, became the cause of his wife's summoning in the case. Durin
Published 02 Jul, 2017 12:00am
Indian minister demands inquiry into team's defeat against Pakistan

Indian minister demands inquiry into team's defeat against Pakistan

Indian Minister of State for Social Justice Ramdas Athawale has sought an inquiry into India's defeat against Pakistan in ICC Champions Trophy final last month. "India had defeated Pakistan in the earlier match. How can such a strong team lose to its arch
Published 02 Jul, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (July 01, 2017) and the forecast for Sunday (July 02, 2017).

Published 02 Jul, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 01, 2017).

Published 02 Jul, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 01, 2017)

Published 02 Jul, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 01, 2017).

Published 02 Jul, 2017 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (July 01, 2017).

Published 02 Jul, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 01, 2017).

Published 02 Jul, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 01, 2017).

Published 02 Jul, 2017 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

No major changes were seen in the value of the rupee against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee sustained overnight levels in relation to the dollar for buying and selling at Rs 105.80 and Rs 106.
Published 02 Jul, 2017 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

No major changes were seen in the value of the rupee against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee sustained overnight levels in relation to the dollar for buying and selling at Rs 105.80 and Rs 106.
Published 02 Jul, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 01, 2017).

Published 02 Jul, 2017 12:00am
CBOT soyabean futures modestly higher

CBOT soyabean futures modestly higher

Chicago Board of Trade soyabean futures closed modestly higher on Thursday on technical buying ahead of key US crop reports due Friday and spillover strength from wheat. CBOT July soyabeans settled up 1-1/2 cents at $9.15-1/2 per bushel while new-crop Nov
Published 02 Jul, 2017 12:00am
Freight rates for VLCC likely to stay flat
Exchange

Freight rates for VLCC likely to stay flat

Freight rates for very large crude carriers (VLCCs) are likely to remain flat next week, a situation that could well last until August, brokers said on Friday. "Rates are stuck. I don't see there being any hope for July cargoes. Similar rate levels are pr
Published 02 Jul, 2017 12:00am
Jordan buys 50,000 tonnes of wheat

Jordan buys 50,000 tonnes of wheat

Jordan's state grains buyer purchased 50,000 tonnes of hard milling wheat to be sourced from optional origins in a tender which closed on Thursday, European traders said. It was bought at $216.95 a tonne c&f for shipment in the second half of October, the
Published 02 Jul, 2017 12:00am