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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-07-25
Financial close: PPIB grants six-month extension to two power projects

Financial close: PPIB grants six-month extension to two power projects

The Private Power Infrastructure Board (PPIB) has granted six month extension - up to December 7, 2017 - in the financial close date of two 660 MW each imported coal-fired power projects to be established by Hub Power Company (Hubco) at Hub (Balochistan),
Published 25 Jul, 2017 12:00am
Qadir Baloch among hopefuls

Qadir Baloch among hopefuls

Retired general Abdul Qadir Baloch, the Minister for States and Frontier Regions, is among the hopefuls for the post of premiership in case Supreme Court disqualifies prime minister Nawaz Sharif for his alleged corruption and money laundering. The other c
Published 25 Jul, 2017 12:00am
Qadir Baloch among hopefuls

Qadir Baloch among hopefuls

Retired general Abdul Qadir Baloch, the Minister for States and Frontier Regions, is among the hopefuls for the post of premiership in case Supreme Court disqualifies prime minister Nawaz Sharif for his alleged corruption and money laundering. The other c
Published 25 Jul, 2017 12:00am
Nehal Hashmi's case: Pemra attracts SC's ire

Nehal Hashmi's case: Pemra attracts SC's ire

The Supreme Court on Monday expressed annoyance over dissimilarity between the transcript and the telecast version of Pakistan Muslim League-Nawaz Senator Nehal Hashmi's speech, which Attorney General for Pakistan and Pakistan Electronic Media Regulatory
Published 25 Jul, 2017 12:00am
Nehal Hashmi's case: Pemra attracts SC's ire

Nehal Hashmi's case: Pemra attracts SC's ire

The Supreme Court on Monday expressed annoyance over dissimilarity between the transcript and the telecast version of Pakistan Muslim League-Nawaz Senator Nehal Hashmi's speech, which Attorney General for Pakistan and Pakistan Electronic Media Regulatory
Published 25 Jul, 2017 12:00am
Global use of trade restrictions slows: WTO

Global use of trade restrictions slows: WTO

More steps to free up trade globally have been taken since Donald Trump was elected than measures to restrict it, the World Trade Organization said, despite concerns his administration would introduce a raft of punitive rules to protect US jobs. The WTO''
Published 25 Jul, 2017 12:00am
Global use of trade restrictions slows: WTO

Global use of trade restrictions slows: WTO

More steps to free up trade globally have been taken since Donald Trump was elected than measures to restrict it, the World Trade Organization said, despite concerns his administration would introduce a raft of punitive rules to protect US jobs. The WTO's
Published 25 Jul, 2017 12:00am
Global use of trade restrictions slows: WTO

Global use of trade restrictions slows: WTO

More steps to free up trade globally have been taken since Donald Trump was elected than measures to restrict it, the World Trade Organization said, despite concerns his administration would introduce a raft of punitive rules to protect US jobs. The WTO's
Published 25 Jul, 2017 12:00am
Financial close: PPIB grants six-month extension to two power projects

Financial close: PPIB grants six-month extension to two power projects

The Private Power Infrastructure Board (PPIB) has granted six month extension - up to December 7, 2017 - in the financial close date of two 660 MW each imported coal-fired power projects to be established by Hub Power Company (Hubco) at Hub (Balochistan),
Published 25 Jul, 2017 12:00am
Financial close: PPIB grants six-month extension to two power projects

Financial close: PPIB grants six-month extension to two power projects

The Private Power Infrastructure Board (PPIB) has granted six month extension - up to December 7, 2017 - in the financial close date of two 660 MW each imported coal-fired power projects to be established by Hub Power Company (Hubco) at Hub (Balochistan),
Published 25 Jul, 2017 12:00am
At least 26 killed in Kabul car bomb claimed by Taliban

At least 26 killed in Kabul car bomb claimed by Taliban

At least 26 people were killed and 41 wounded Monday after a Taliban-claimed car bomb struck a bus carrying government employees through a Shia neighbourhood in Kabul, raising fears of sectarian violence in the Afghan capital. The assault came as a presid
Published 25 Jul, 2017 12:00am
At least 26 killed in Kabul car bomb claimed by Taliban

At least 26 killed in Kabul car bomb claimed by Taliban

At least 26 people were killed and 41 wounded Monday after a Taliban-claimed car bomb struck a bus carrying government employees through a Shia neighbourhood in Kabul, raising fears of sectarian violence in the Afghan capital. The assault came as a presid
Published 25 Jul, 2017 12:00am
General John, CoAS discuss regional situation

General John, CoAS discuss regional situation

Chief of Army Staff (CoAS), General Qamar Javed Bajwa has raised concerns over the blame game perpetrated by some quarters in Afghanistan and USA to undermine Pakistan's contributions towards war on terror. The Army Chief expressed these views during his
Published 25 Jul, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (July 24, 2017).

Published 25 Jul, 2017 12:00am
General John, CoAS discuss regional situation

General John, CoAS discuss regional situation

Chief of Army Staff (CoAS), General Qamar Javed Bajwa has raised concerns over the blame game perpetrated by some quarters in Afghanistan and USA to undermine Pakistan's contributions towards war on terror. The Army Chief expressed these views during his
Published 25 Jul, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (July 24, 2017).
Published 25 Jul, 2017 12:00am
Mandela book withdrawn after outrage from widow

Mandela book withdrawn after outrage from widow

A new book detailing Nelson Mandela's last days has been withdrawn after it was condemned by his outraged widow, publisher Penguin Random House said Monday. The book by Mandela's physician Vejay Ramlakan was released last week to coincide with the late an
Published 25 Jul, 2017 12:00am
PNSC chairman inaugurates Dynamic Logistics head office

PNSC chairman inaugurates Dynamic Logistics head office

Chairman, Pakistan National Shipping Corporation (PNSC) Arif Elahi inaugurated corporate head office of Dynamic World Wide Logistics Group. Brigadier Rashid Siddiqi and heads of logistics companies as stakeholders also attended the event. Speaking on this
Published 25 Jul, 2017 12:00am
Fertilizer industry seeks notification on subsidy

Fertilizer industry seeks notification on subsidy

Disbursement mechanism for fertilizer subsidy, announced by the government in the budget, has not been notified so far, thus adding to the anxiety of the industry. According to industry sources, although, the subsidy mechanism has not been issued, the ind
Published 25 Jul, 2017 12:00am
SU to automate fleet management to curb fuel theft

SU to automate fleet management to curb fuel theft

In a move to eradicate corruption from its roots due to fuel over consumption, the University of Sindh (SU) Jamshoro is going to opt automate fleet management system in a bid to save approximately Rs 30 million a month. Sindh University would become the f
Published 25 Jul, 2017 12:00am
Saeed Ghani takes oath as Sindh MPA

Saeed Ghani takes oath as Sindh MPA

Pakistan Peoples Party (PPP) leader Saeed Ghani took oath as member of the Sindh Assembly on Monday. The oath was administered by Speaker Agha Siraj Durrani four days after the Election Commission of Pakistan (ECP) issued a notification regarding Saeed Gh
Published 25 Jul, 2017 12:00am
Zahid appointed as SESSI member

Zahid appointed as SESSI member

Former president of the Korangi Association of Trade and Industry (KATI), Zahid Saeed, has been appointed member of the Sindh Employees Social Security Institution (SESSI) governing body. The Sindh government has notified his appointment.
Published 25 Jul, 2017 12:00am
Khattak, Sherpao condemn Lahore, Kabul blasts

Khattak, Sherpao condemn Lahore, Kabul blasts

Qaumi Watan Party Chairman Aftab Ahmad Sherpao has condemned bomb blast in Lahore, in which at least 25 people were killed and 39 others injured and blast in western Kabul on Monday. In a statement issued here, the QWP chief expressed his heartfelt sympat
Published 25 Jul, 2017 12:00am
KP PAC discusses eight audit objections about finance department

KP PAC discusses eight audit objections about finance department

Pakistan Accounts Committee (PAC), Khyber Pakhtunkhwa Assembly has expressed strong anguish over the absence of certain items of PRSP Project of Planning and Development (P&D) Department and their recovery after three years in weird conditions. The meetin
Published 25 Jul, 2017 12:00am
Fifth Summer Internship Programme concludes

Fifth Summer Internship Programme concludes

Pakistan Poverty Alleviation Fund (PPAF) has concluded its 5th Summer Internship Programme 2017. The 10-day long programme was aimed at providing students with hands-on knowledge and exposure to the core areas of the development sector in Pakistan. A tota
Published 25 Jul, 2017 12:00am
USAID's 'Mango Gala' in Islamabad

USAID's 'Mango Gala' in Islamabad

At the US Agency for International Development (USAID) "Mango Gala" Monday, USAID Mission Director Jerry Bisson and Chairman Pakistan Agricultural Research Council (PARC), Dr Yusuf Zafar paved the way for 13 mango farmers to receive mango graders worth mo
Published 25 Jul, 2017 12:00am
Military operation: government urged to resume survey of damaged houses

Military operation: government urged to resume survey of damaged houses

Tribal elders of Orakzai Agency have demanded of the federal government to resume door-to-door survey for the collection of details of the damages caused by militancy to their houses. Speaking on the occasion at a tribal 'Jirga' held at the Agency Headqua
Published 25 Jul, 2017 12:00am
Pakistan condemns Kabul blast

Pakistan condemns Kabul blast

The government of Pakistan strongly condemns suicide attack in Kabul on Monday that has resulted in the loss of precious lives of many innocent Afghans and injuries to scores. We express our sincere condolence to the bereaved families and pray for early r
Published 25 Jul, 2017 12:00am
Report on 'Human Rights' ready to be presented before UNHRC

Report on 'Human Rights' ready to be presented before UNHRC

The government has prepared a detailed report on improvement in human rights in the country and will present it before the United Nations Human Rights Council on November 13 this year, and before that this report is going to be submitted to Foreign Office
Published 25 Jul, 2017 12:00am
Discontent member of ANP organising committee rejoins party

Discontent member of ANP organising committee rejoins party

Mohammad Ibrar Khalil, a member of Awami National Party (ANP) Organizing Committee, and activist from provincial assembly constituency PK-5, who tendered resignation over differences on the party membership and organisation, has rejoined the party. He mad
Published 25 Jul, 2017 12:00am
Hardcore terrorist held in Swat

Hardcore terrorist held in Swat

The Counter Terrorism Department (CTD) has arrested a hardcore terrorist from Kanju Town area of Kabal district in Swat on Monday. The CTD spokesperson in a statement said that the terrorist named as Abdul Jabbar was arrested during a raid conducted on a
Published 25 Jul, 2017 12:00am
Corruption biggest impediment to economic progress: NAB DG

Corruption biggest impediment to economic progress: NAB DG

Director General (DG) National Accountability Bureau (NAB) Khyber Pakhtunkhwa, Brigadier Farooq Naser Awan (retd) has said the corruption is the biggest impediment in economic progress of Pakistan. Addressing a cheque distribution here Monday, he said NAB
Published 25 Jul, 2017 12:00am
Talks only solution to political problem: Chidambaram

Talks only solution to political problem: Chidambaram

Former Indian Home Minister and Congress leader, Palaniappan Chidambaram has said that the only way to find a political solution to the Kashmir dispute is through talks. Talking to media in Pune he said, "The situation in the Kashmir valley had gone from
Published 25 Jul, 2017 12:00am
Urumqi fair expo to link China with Asia: minister

Urumqi fair expo to link China with Asia: minister

Provincial Minister Industries Commerce and Trade Sheikh Alla-u-din has said that Urumqi foreign economic relations and trade fair is a trading platform linking China with southern, central and western Asian countries. "Through this exhibition, we can pro
Published 25 Jul, 2017 12:00am
Foreign funding case: PTI dismisses Abbasi's allegations

Foreign funding case: PTI dismisses Abbasi's allegations

Dismissing the allegations levelled by Pakistan Muslim League-Nawaz (PML-N)'s Hanif Abbasi against Imran Khan, the Pakistan Tehreek-e-Insaf (PTI) on Monday submitted its detailed reply, comprising 700-pages, to the Supreme Court in the foreign funding cas
Published 25 Jul, 2017 12:00am
FBR chief briefs Dar on budget implementation

FBR chief briefs Dar on budget implementation

Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization, Ishaq Dar, chaired a meeting on matters related to the Federal Board of Revenue (FBR), at FBR Headquarters Monday. The FBR Chairman briefed the Finance Minister on the implemen
Published 25 Jul, 2017 12:00am
Only 1,500 out of 8,000 Safe City Project cameras installed

Only 1,500 out of 8,000 Safe City Project cameras installed

Huge claims were made during the establishment of Safe City Project in the province, however, the situation of crimes and terrorism has hardly improved with inconclusive measures. The unfulfilled promises have also added fuel to fire. Lahore suicide blast
Published 25 Jul, 2017 12:00am
Government aims to make AJK hub of tourism: Prime Minister

Government aims to make AJK hub of tourism: Prime Minister

Prime Minister Nawaz Sharif Monday said that Pakistan Muslim League-Nawaz (PML-N) government aims at making Azad Jammu and Kashmir (AJK) the hub of tourism. "The federal government is focusing on infrastructure and tourism development at AJK which is mani
Published 25 Jul, 2017 12:00am
Quality operational training is hallmark of PAF: Air Chief

Quality operational training is hallmark of PAF: Air Chief

"Discipline of imparting quality operational training at Combat Commanders School has always been its hallmark and it is extremely vital for the overall war preparedness of Pakistan Air Force", said the Air Chief while addressing the Graduation Ceremony o
Published 25 Jul, 2017 12:00am
Thousands of Pakistani expatriates seek last-minute Saudi amnesty

Thousands of Pakistani expatriates seek last-minute Saudi amnesty

Thousands of undocumented expatriate citizens from various countries, including Pakistan, living illegally in Saudi Arabia were granted a four-month amnesty offer by the authorities in an attempt to legalize their return. According to Saudi Gazette, there
Published 25 Jul, 2017 12:00am
Pakistan, US enjoy exceptional relationship: envoy

Pakistan, US enjoy exceptional relationship: envoy

Pakistan and the United States have enjoyed an exceptional relationship for the last seven decades, said Ambassador Aizaz Ahmad Chaudhry while addressing a gathering over dinner in Chicago. The dinner was organized by the Consul General of Pakistan in col
Published 25 Jul, 2017 12:00am
Saudi Arabia announces vaccination rules for Hajj pilgrims

Saudi Arabia announces vaccination rules for Hajj pilgrims

Saudi Arabia has issued the vaccination and health requirements for pilgrims applying for Hajj visas, according to a Ministry of Health official. The requirements for this year focus on the likes of the Zika virus, dengue, Middle East Respiratory Syndrome
Published 25 Jul, 2017 12:00am
Serialization and barcode' systems: pharma industry seeks extension

Serialization and barcode' systems: pharma industry seeks extension

The pharmaceutical industry representatives have called upon the Drug Regulatory Authority of Pakistan (DRAP) to review its directive giving just six months to the medicine manufacturers to adopt systems of "serialization and barcode" for the medicinal pr
Published 25 Jul, 2017 12:00am
PSMA rejects government's policy against sugar export

PSMA rejects government's policy against sugar export

The Pakistan Sugar Mills Association (PSMA) Punjab zone has rejected the government's current policy for not granting timely permission for sugar export, proposing the authorities to convene an immediate meeting in order to address concerns of the stakeho
Published 25 Jul, 2017 12:00am
Punjab government to mark Independence Day in befitting manner

Punjab government to mark Independence Day in befitting manner

The Punjab government is making preparations to mark the 70th independence anniversary of Pakistan in a befitting manner. Special functions will be held at provincial, divisional, district, tehsil and union council level while historic and important build
Published 25 Jul, 2017 12:00am
DISCOs reject proposal of handing over grid systems to NTDC

DISCOs reject proposal of handing over grid systems to NTDC

The power distribution companies have rejected the move of handing over grid systems to the National Transmission and Despatch Company (NTDC) and termed it as anti-system, anti-consumer and anti-DISCOs initiative. Press reports suggest that the Ministry f
Published 25 Jul, 2017 12:00am
Lack of branding & value addition benefiting other countries: LCCI

Lack of branding & value addition benefiting other countries: LCCI

Lack of branding and value addition is shifting all benefits to the other countries which are earning huge benefits from the global trade while we are struggling to achieve minor export targets. Lahore Chamber of Commerce and Industry (LCCI) President Abd
Published 25 Jul, 2017 12:00am
Low flood wave in Indus enters Guddu Barrage

Low flood wave in Indus enters Guddu Barrage

The much needed low flood wave in the mighty Indus entered Sindh province at Guddu barrage from Punjab on Monday morning with the flow of 235, 000 cusecs of fresh water for the first time during the on-going monsoon season. Irrigation experts say that the
Published 25 Jul, 2017 12:00am
Lahore blast: emergency declared in hospitals

Lahore blast: emergency declared in hospitals

Punjab government has declared emergency in public sector hospitals in Lahore after a bomb blast on main Ferozpur Road on Monday that killed at least 25 people and injured over 53. The injured were shifted to Lahore General Hospital, Jinnah Hospital, Itte
Published 25 Jul, 2017 12:00am
Lahore PPP's anti-Nawaz rallies

Lahore PPP's anti-Nawaz rallies

The Pakistan Peoples Party (PPP) Punjab continued 'Go Nawaz Go' rallies for the second consecutive day in different parts of the province on Monday. PPP Punjab sources said the party was organizing rallies in districts of Central and South Punjab and this
Published 25 Jul, 2017 12:00am
PPP, PTI lawyers join PML-Q

PPP, PTI lawyers join PML-Q

A delegation of senior lawyers belonging to Pakistan Tehreek-e-Insaf (PTI) and Pakistan People's Party, headed by Rana Asad Munir advocate, called on Pakistan Muslim League (PML) senior leader Chaudhry Pervez Elahi at his residence here Monday and announc
Published 25 Jul, 2017 12:00am
Punjab government follows multi-dimensional welfare policies: Rana

Punjab government follows multi-dimensional welfare policies: Rana

Punjab Law Minister Rana Sanaullah Khan has said that Punjab government was following multi dimensional welfare policies for the economic rehabilitation of the deserving persons and the financial assistance was being provided to them through a transparent
Published 25 Jul, 2017 12:00am
KBP opposes bringing Agriculture department under DCOs

KBP opposes bringing Agriculture department under DCOs

The Kissan Board Pakistan (KBP) warned the government of staging sit-ins in front of the national and provincial assemblies and major thoroughfares of the country in case the provincial agriculture department is given under the control of district adminis
Published 25 Jul, 2017 12:00am
SME sector: Dutch experts to provide consultancy services

SME sector: Dutch experts to provide consultancy services

Dutch experts will provide free consultancy services to reorganize SME sector of Punjab on modern scientific lines, said Odulfus Van Summeren of PUM Dutch Foundation. He was addressing at a function in Faisalabad Chamber of Commerce and Industry (FCCI) wh
Published 25 Jul, 2017 12:00am
SBP governor meets Shahbaz

SBP governor meets Shahbaz

Punjab Chief Minister Shahbaz Sharif said that national economy has taken off and people are reaping the benefits of rapid economic activities. He said this while talking to the Governor State Bank of Pakistan (SBP) Tariq Bajwa, who called on him here on
Published 25 Jul, 2017 12:00am
Pakistan Telecommunication Company Limited
Mutual Funds

Pakistan Telecommunication Company Limited

Introduction Pakistan Telecommunication Company Limited - or PTCL Group - is Pakistan's largest telecom carrier. It used to be a state monopoly, whose management stake was sold to a private operator in 2007, following the telecoms deregulation in 2
Published 25 Jul, 2017 12:00am
Pakistan Telecommunication Company Limited
Mutual Funds

Pakistan Telecommunication Company Limited

Introduction Pakistan Telecommunication Company Limited - or PTCL Group - is Pakistan's largest telecom carrier. It used to be a state monopoly, whose management stake was sold to a private operator in 2007, following the telecoms deregulation in 2
Published 25 Jul, 2017 12:00am
NA body for releasing funds to Bait-ul-Mal

NA body for releasing funds to Bait-ul-Mal

The National Assembly Standing Committee on Cabinet Secretariat has strongly recommended the Finance Ministry to release funds to Pakistan Bait-ul-Mal (PBM) for providing financial assistance to the needy people. The committee met with Rana Muhammad Hayat
Published 25 Jul, 2017 12:00am
PIA pre-Hajj operation starts

PIA pre-Hajj operation starts

Pakistan International Airlines (PIA) will take nearly 60,000 intending pilgrims to Saudi Arabia during pre-Hajj operation, started on Monday from Islamabad via flight PK2003 with 329 passengers. According to details, the pre-Hajj operation, which commenc
Published 25 Jul, 2017 12:00am
Jhagra bids farewell to 180 Hujjaj at BKIA

Jhagra bids farewell to 180 Hujjaj at BKIA

KP Governor, Eng Iqbal Zafar Jhagra bade farewell to 180 Hujjaj from the Bacha Khan International Airport (BKIA) on Monday. Provincial Minister for Hajj and Religious Affairs, Haji Habib ur Rehman accompanied the governor while the Director Hajj, Shakil A
Published 25 Jul, 2017 12:00am
Afghan envoy inquires about Zarsanga's health

Afghan envoy inquires about Zarsanga's health

Afghanistan's Deputy Ambassador to Pakistan Zardasht Shams paid a visit to Lady Reading Hospital in Peshawar on Monday and inquired about the health of Pashto folk singer Zarsanga. Zarsanga, the Pashto folk music queen, and her sons had sustained injuries
Published 25 Jul, 2017 12:00am
Around 45 mechanical projects presented at UET exhibition

Around 45 mechanical projects presented at UET exhibition

As many as 45 projects of Department of Mechanical Engineering, University of Engineering and Technology (UET) Peshawar were showcased during Project Exhibition 2017. The exhibition was aimed to provide a platform to the graduating students to present the
Published 25 Jul, 2017 12:00am
US MIDDAY: gold climbs

US MIDDAY: gold climbs

Gold prices pared gains as the US dollar turned higher on Monday, after bullion rose to a one-month high as political turmoil in the United States boosted sentiment ahead of a Federal Reserve monetary policy meeting this week. Spot gold was flat at $1,254
Published 25 Jul, 2017 12:00am
US MIDDAY: wheat hits lowest since June 29

US MIDDAY: wheat hits lowest since June 29

US wheat futures fell to their lowest level in more than three weeks on Monday, led by a 4.4 percent drop in MGEX spring wheat, on profit taking as traders said damage from a drought in the US Plains has been fully priced into the market. Corn and soyabea
Published 25 Jul, 2017 12:00am
China steel exports ease, aluminium shipments steady
Exchange

China steel exports ease, aluminium shipments steady

China's exports of steel products eased in June from the month before as tight local supply kept material at home, while shipments of aluminium were steady, customs data showed on Thursday. Exports of steel products fell 2.4 percent to 6.81 million tonnes
Published 25 Jul, 2017 12:00am
Gold hits one-month high in Europe

Gold hits one-month high in Europe

Gold prices hit a one-month high on Monday as a weaker dollar and political turmoil in the United States boosted sentiment ahead of the Fed's monetary policy meeting this week. Spot gold was up 0.1 percent at $1,255.79 an ounce at 1401 GMT, having touched
Published 25 Jul, 2017 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices were steady after hitting a four-week high on Monday, supported by political uncertainty in the United States and as the dollar remained near its lowest in 13 months. Doubts over the passage of US President Donald Trump's stimulus and tax refo
Published 25 Jul, 2017 12:00am
Arabica coffee falls three percent on broad-based selling

Arabica coffee falls three percent on broad-based selling

Arabica coffee futures on ICE fell 3 percent on Monday after failing to breach technical resistance, while broad-based selling provided additional pressure. Cocoa futures closed unchanged after climbing to a five-week high. September arabica coffee settle
Published 25 Jul, 2017 12:00am
Rubber falls
Exchange

Rubber falls

Benchmark Tokyo rubber futures fell more than 2 percent on Monday as higher inventories in both Tokyo and Shanghai prompted selling, while weaker oil prices and a stronger yen against the US dollar also weighed on market sentiment. The Tokyo Commodity Exc
Published 25 Jul, 2017 12:00am
Copper supported by supply disruptions, weak dollar
Exchange

Copper supported by supply disruptions, weak dollar

Copper closed above the psychologically important $6,000 level again on Monday as the dollar hovered near 13-month lows and mine disruptions fuelled concerns about falling supply. Benchmark copper on the London Metal Exchange closed 0.4 percent higher at
Published 25 Jul, 2017 12:00am
Shanghai copper little changed
Exchange

Shanghai copper little changed

Shanghai Futures Exchange copper ended little changed at 47,760 yuan ($7,073) a tonne on Monday ahead of the release of a spate of global manufacturing reports, underpinned by extended weakness in the dollar and prospects of tighter mine supply. Supply si
Published 25 Jul, 2017 12:00am
New York cotton inches down
Cotton

New York cotton inches down

ICE cotton futures edged slightly lower on Monday as speculative funds continued to liquidate their bullish positions in the natural fiber amid favorable rains in the US cotton regions. The December cotton contract on ICE Futures settled down 0.13 cent, o
Published 25 Jul, 2017 12:00am
EU divided on how to answer new US sanctions against Russia

EU divided on how to answer new US sanctions against Russia

European Commission preparations to retaliate against proposed new US sanctions on Russia that could affect European firms are likely to face resistance within a bloc divided on how to deal with Moscow, diplomats, officials and experts say. A bill agreed
Published 25 Jul, 2017 12:00am
Hospitals overwhelmed as Sri Lanka dengue toll nears 300

Hospitals overwhelmed as Sri Lanka dengue toll nears 300

Sri Lanka announced Monday it was intensifying its war on dengue fever, with schools to shut across the island to help curb the unprecedented outbreak of the mosquito-borne virus that has claimed nearly 300 lives. The Red Cross also announced it was scali
Published 25 Jul, 2017 12:00am
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