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Print - 2018-04-22
Broiler chicken meat safe for human consumption, SC told

Broiler chicken meat safe for human consumption, SC told

Chief Justice Mian Saqib Nisar on Saturday said that he is happy to know that broiler chicken s meat is safe for human consumption. These remarks were given after hearing of a case in this regard by a two-member bench, headed by Chief Justice Mian Saqib N
Published 22 Apr, 2018 12:00am
Broiler chicken meat safe for human consumption, SC told

Broiler chicken meat safe for human consumption, SC told

Chief Justice Mian Saqib Nisar on Saturday said that he is happy to know that broiler chicken s meat is safe for human consumption. These remarks were given after hearing of a case in this regard by a two-member bench, headed by Chief Justice Mian Saqib N
Published 22 Apr, 2018 12:00am
Naval chief meets Chinese Defence Minister

Naval chief meets Chinese Defence Minister

Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi is on an official visit to China. During his ongoing visit, the Naval Chief called on Defence Minister & State Councilor, General Wei Fenghe of Peoples' Republic of China. During the meeting, matters
Published 22 Apr, 2018 12:00am
Naval chief meets Chinese Defence Minister

Naval chief meets Chinese Defence Minister

Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi is on an official visit to China. During his ongoing visit, the Naval Chief called on Defence Minister & State Councilor, General Wei Fenghe of Peoples' Republic of China. During the meeting, matters
Published 22 Apr, 2018 12:00am
Iran president criticises violence by morality police

Iran president criticises violence by morality police

Iran's President Hassan Rouhani on Saturday appeared to criticise the morality police after a video emerged of a violent encounter with a woman accused of breaching the country's strict dress code. "Some say the way to promote virtue and prohibit vice is.
Published 22 Apr, 2018 12:00am
Iran president criticises violence by morality police

Iran president criticises violence by morality police

Iran's President Hassan Rouhani on Saturday appeared to criticise the morality police after a video emerged of a violent encounter with a woman accused of breaching the country's strict dress code. "Some say the way to promote virtue and prohibit vice is.
Published 22 Apr, 2018 12:00am
Sikh pilgrims refuse to meet Indian HC

Sikh pilgrims refuse to meet Indian HC

Indian High Commission officials had to return back without meeting the protesting Sikh community members in Gurdwara Sacha Sauda, Sheikhupura, after the latter refused to meet any Indian official. According to Foreign Office (FO) Spokesperson Dr Mohammad
Published 22 Apr, 2018 12:00am
Sikh pilgrims refuse to meet Indian HC

Sikh pilgrims refuse to meet Indian HC

Indian High Commission officials had to return back without meeting the protesting Sikh community members in Gurdwara Sacha Sauda, Sheikhupura, after the latter refused to meet any Indian official. According to Foreign Office (FO) Spokesperson Dr Mohammad
Published 22 Apr, 2018 12:00am
Rs 188 billion subsidy budgeted for power sector

Rs 188 billion subsidy budgeted for power sector

The government has budgeted Rs 188 billion subsidy to the power sector for the current year against Rs 118 billion in the current fiscal year - an increase of 59 percent. Advisor to Prime Minister on Finance Miftah Ismail publicly stated that an increase
Published 22 Apr, 2018 12:00am
Rs 188 billion subsidy budgeted for power sector

Rs 188 billion subsidy budgeted for power sector

The government has budgeted Rs 188 billion subsidy to the power sector for the current year against Rs 118 billion in the current fiscal year - an increase of 59 percent. Advisor to Prime Minister on Finance Miftah Ismail publicly stated that an increase
Published 22 Apr, 2018 12:00am
Rs 188 billion subsidy budgeted for power sector

Rs 188 billion subsidy budgeted for power sector

The government has budgeted Rs 188 billion subsidy to the power sector for the current year against Rs 118 billion in the current fiscal year - an increase of 59 percent. Advisor to Prime Minister on Finance Miftah Ismail publicly stated that an increase
Published 22 Apr, 2018 12:00am
Murad urges Centre to delink disputed claims

Murad urges Centre to delink disputed claims

In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs 18 billion against various federal government entities operatin
Published 22 Apr, 2018 12:00am
Murad urges Centre to delink disputed claims

Murad urges Centre to delink disputed claims

In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs 18 billion against various federal government entities operatin
Published 22 Apr, 2018 12:00am
Murad urges Centre to delink disputed claims

Murad urges Centre to delink disputed claims

In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs 18 billion against various federal government entities operatin
Published 22 Apr, 2018 12:00am
War of words intensifies over power crisis in Karachi

War of words intensifies over power crisis in Karachi

A war of words has intensified between federal and Sindh governments over current electricity crisis in Karachi due to a reduction in gas supply to Karachi Electric. Prime Minister, Shahid Khaqan Abbasi has convened a high-level meeting in Karachi on Mond
Published 22 Apr, 2018 12:00am
War of words intensifies over power crisis in Karachi

War of words intensifies over power crisis in Karachi

A war of words has intensified between federal and Sindh governments over current electricity crisis in Karachi due to a reduction in gas supply to Karachi Electric. Prime Minister, Shahid Khaqan Abbasi has convened a high-level meeting in Karachi on Mond
Published 22 Apr, 2018 12:00am
War of words intensifies over power crisis in Karachi

War of words intensifies over power crisis in Karachi

A war of words has intensified between federal and Sindh governments over current electricity crisis in Karachi due to a reduction in gas supply to Karachi Electric. Prime Minister, Shahid Khaqan Abbasi has convened a high-level meeting in Karachi on Mond
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
WeBOC rollout at Sust border to facilitate CPEC

WeBOC rollout at Sust border to facilitate CPEC

The rollout of WeBOC (Web Based Customs Clearance System) at Sust border will not only facilitate China-Pak Economic Corridor (CPEC) by making trade through Pak-China border easy but also align Sust dry port with all the modern customs infrastructures exi
Published 22 Apr, 2018 12:00am
WeBOC rollout at Sust border to facilitate CPEC

WeBOC rollout at Sust border to facilitate CPEC

The rollout of WeBOC (Web Based Customs Clearance System) at Sust border will not only facilitate China-Pak Economic Corridor (CPEC) by making trade through Pak-China border easy but also align Sust dry port with all the modern customs infrastructures exi
Published 22 Apr, 2018 12:00am
WeBOC rollout at Sust border to facilitate CPEC

WeBOC rollout at Sust border to facilitate CPEC

The rollout of WeBOC (Web Based Customs Clearance System) at Sust border will not only facilitate China-Pak Economic Corridor (CPEC) by making trade through Pak-China border easy but also align Sust dry port with all the modern customs infrastructures exi
Published 22 Apr, 2018 12:00am
No further devaluation of rupee in near future: Miftah
Currency

No further devaluation of rupee in near future: Miftah

Adviser to Prime Minister on Finance Miftah Ismail has said Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. "So
Published 22 Apr, 2018 12:00am
No further devaluation of rupee in near future: Miftah
Currency

No further devaluation of rupee in near future: Miftah

Adviser to Prime Minister on Finance Miftah Ismail has said Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. "So
Published 22 Apr, 2018 12:00am
No further devaluation of rupee in near future: Miftah
Currency

No further devaluation of rupee in near future: Miftah

Adviser to Prime Minister on Finance Miftah Ismail has said Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. "So
Published 22 Apr, 2018 12:00am
North Korea's Kim promises no more nuclear or missile tests

North Korea's Kim promises no more nuclear or missile tests

North Korean leader Kim Jong Un said he would halt nuclear tests and intercontinental missile launches, in a Saturday announcement welcomed by US President Donald Trump ahead of a much-anticipated summit between the two men. Pyongyang's declaration, long
Published 22 Apr, 2018 12:00am
North Korea's Kim promises no more nuclear or missile tests

North Korea's Kim promises no more nuclear or missile tests

North Korean leader Kim Jong Un said he would halt nuclear tests and intercontinental missile launches, in a Saturday announcement welcomed by US President Donald Trump ahead of a much-anticipated summit between the two men. Pyongyang's declaration, long
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
C/A deficit major impediment to sustainable growth: IMF

C/A deficit major impediment to sustainable growth: IMF

Jihad Azour, Director, Middle East and Central Asia Department, International Monetary Fund (IMF) has said that current account deficit is impeding Pakistan''s economy from achieving a sustainable level of growth.
Published 22 Apr, 2018 12:00am
C/A deficit major impediment to sustainable growth: IMF

C/A deficit major impediment to sustainable growth: IMF

Jihad Azour, Director, Middle East and Central Asia Department, International Monetary Fund (IMF) has said that current account deficit is impeding Pakistan's economy from achieving a sustainable level of growth.
Published 22 Apr, 2018 12:00am
C/A deficit major impediment to sustainable growth: IMF

C/A deficit major impediment to sustainable growth: IMF

Jihad Azour, Director, Middle East and Central Asia Department, International Monetary Fund (IMF) has said that current account deficit is impeding Pakistan's economy from achieving a sustainable level of growth.
Published 22 Apr, 2018 12:00am
Constitution allows absconder to contest Senate election: Dar

Constitution allows absconder to contest Senate election: Dar

Former finance minister Ishaq Dar has stated that since the enactment of 18th Amendment, there has been no prohibition under the Constitution or law that a person who has been declared absconder can't contest Senate election. On March 3, the former financ
Published 22 Apr, 2018 12:00am
Constitution allows absconder to contest Senate election: Dar

Constitution allows absconder to contest Senate election: Dar

Former finance minister Ishaq Dar has stated that since the enactment of 18th Amendment, there has been no prohibition under the Constitution or law that a person who has been declared absconder can't contest Senate election. On March 3, the former financ
Published 22 Apr, 2018 12:00am
Democracy, constitutionalism: CJP reiterates his commitment

Democracy, constitutionalism: CJP reiterates his commitment

The Chief Justice of Pakistan on Saturday remarked that there was no room for martial law either in the Constitution or in anyone's mind and reiterated his stance to step down if democracy ceases to exist in Pakistan. Addressing a ceremony in connection w
Published 22 Apr, 2018 12:00am
Democracy, constitutionalism: CJP reiterates his commitment

Democracy, constitutionalism: CJP reiterates his commitment

The Chief Justice of Pakistan on Saturday remarked that there was no room for martial law either in the Constitution or in anyone's mind and reiterated his stance to step down if democracy ceases to exist in Pakistan. Addressing a ceremony in connection w
Published 22 Apr, 2018 12:00am
PML-N leadership meets in London
Exchange

PML-N leadership meets in London

The leadership of ruling Pakistan Muslim League-Nawaz (PML-N) on Saturday held an important meeting in London. The meeting was attended by Prime Minister Shahid Khaqan Abbasi, former prime minister Nawaz Sharif and former finance minister Ishaq Dar and th
Published 22 Apr, 2018 12:00am
PML-N leadership meets in London
Exchange

PML-N leadership meets in London

The leadership of ruling Pakistan Muslim League-Nawaz (PML-N) on Saturday held an important meeting in London. The meeting was attended by Prime Minister Shahid Khaqan Abbasi, former prime minister Nawaz Sharif and former finance minister Ishaq Dar and th
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Saudi security shoots down toy drone near royal palace

Saudi security shoots down toy drone near royal palace

Saudi Arabian security forces shot down a toy drone in the capital Riyadh on Saturday, a senior Saudi official and the state news agency said, after videos were posted online showing gunfire in a neighbourhood where a royal palace is located.
Published 22 Apr, 2018 12:00am
Saudi security shoots down toy drone near royal palace

Saudi security shoots down toy drone near royal palace

Saudi Arabian security forces shot down a toy drone in the capital Riyadh on Saturday, a senior Saudi official and the state news agency said, after videos were posted online showing gunfire in a neighbourhood where a royal palace is located.
Published 22 Apr, 2018 12:00am
Your rupee last quarter
Exchange

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (January 02 to March 30, 2018)

Published 22 Apr, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (April 21, 2018) and the forecast for Sunday (April 22, 2018).

Published 22 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 21, 2018)

Published 22 Apr, 2018 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 (April 21, 2018).

Published 22 Apr, 2018 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 (April 21, 2018).

Published 22 Apr, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
THE RUPEE: dollar shows muscles for new highs on strong demand
Exchange

THE RUPEE: dollar shows muscles for new highs on strong demand

The dollar is looking for new destinations against the rupee, after hitting Rs 118.50 on the open market on Saturday, opined money experts. Rates of dollar went up on high demand by intending Umrah pilgrims and investors, President Malik Bostan said.
Published 22 Apr, 2018 12:00am
THE RUPEE: dollar shows muscles for new highs on strong demand
Exchange

THE RUPEE: dollar shows muscles for new highs on strong demand

The dollar is looking for new destinations against the rupee, after hitting Rs 118.50 on the open market on Saturday, opined money experts. Rates of dollar went up on high demand by intending Umrah pilgrims and investors, President Malik Bostan said.
Published 22 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
CBOT corn futures weaker

CBOT corn futures weaker

Chicago Board of Trade corn futures ended slightly weaker on Thursday on forecasts for warmer weather that will allow farmers in the US Midwest to pick up their pace of planting, traders said. CBOT May corn has fallen for four of the last five trading ses
Published 22 Apr, 2018 12:00am
European gasoline margins little changed

European gasoline margins little changed

Gasoline refining margins were little changed on Thursday and were supported by an unplanned shutdown on the gasoline unit at Petroineos' Lavera refinery. The fluid catalytic cracker at the refinery shut unexpectedly on April 5, industry monitor Genscape
Published 22 Apr, 2018 12:00am
CBOT soyabean futures fall on export concerns

CBOT soyabean futures fall on export concerns

Chicago Board of Trade soyabean futures fell on Thursday, with investors worried about buying demand from China despite a strong export report, traders said. Consolidation trade was noted around the CBOT July soyabean futures contract's 20-day moving aver
Published 22 Apr, 2018 12:00am
China's March coal output at lowest level since October

China's March coal output at lowest level since October

China's coal production in March fell to its lowest since October, data showed on Tuesday, as miners in the world's top consumer of the fuel scaled back operations amid falling prices. The country's coal output came in at 290 million tonnes in March, acco
Published 22 Apr, 2018 12:00am
Warm spell to help EU winter grains, maize sowing

Warm spell to help EU winter grains, maize sowing

The arrival of warmer, drier weather this month will benefit cereal crops in the European Union that endured a damp, cold end to winter and help sowing of maize that is getting under way, analyst firm Strategie Grains said on Thursday. Late cold snaps and
Published 22 Apr, 2018 12:00am
Asian naphtha falls to 2-1/2 month low

Asian naphtha falls to 2-1/2 month low

Asia's naphtha crack fell for a fourth straight session to a nearly 2-1/2 month low of $65.90 a tonne on Thursday, weighed down by strong oil prices and expectations of weaker demand ahead due to cracker maintenance in North Asia. Demand was mostly muted
Published 22 Apr, 2018 12:00am
Chinese iron ore futures jump 7 percent on demand hopes
Exchange

Chinese iron ore futures jump 7 percent on demand hopes

Chinese iron ore futures soared nearly 7 percent on Thursday, hitting their highest in almost one month, amid expectations that a move by China's central bank to reduce the amount of cash lenders keep as reserves would help spur steel demand. But some tra
Published 22 Apr, 2018 12:00am
Indian rice export prices fall; Thai rates soar

Indian rice export prices fall; Thai rates soar

Rice export prices in India dropped for a second week on sluggish demand and a weaker rupee, while Thai rates surged amid supply woes and fresh deals buoyed Vietnamese rates. Rates for top exporter India's 5 percent broken parboiled variety fell by $2 to
Published 22 Apr, 2018 12:00am
Cotton market: prices decline in process of moderate trading
Cotton

Cotton market: prices decline in process of moderate trading

Prices failed to sustain present levels on the cotton market on Saturday in process of moderates trading, dealers said. The official spot rate was lower by Rs 100 to Rs 7500, they added. In both Sindh and Punjab, seed cotton prices were at Rs 2800-3100, t
Published 22 Apr, 2018 12:00am
Vietnam to sell more coffee; Indonesia's premiums flat

Vietnam to sell more coffee; Indonesia's premiums flat

An increase in London prices prompted Vietnamese farmers to sell more coffee, while Indonesia's premiums stayed flat during a mini harvest season on solid domestic demand, traders said on Thursday. London's July contract on Wednesday hit its highest in tw
Published 22 Apr, 2018 12:00am
Gold prices higher during India's key festival

Gold prices higher during India's key festival

Demand for physical gold was lower-than-usual during a key festival in the world's second biggest consumer India as local prices peaked and a cash crunch curbed retail spending. On Wednesday, Indians celebrated the annual festival of Akshaya Tritiya, when
Published 22 Apr, 2018 12:00am
Soyameal falls on European feeds market

Soyameal falls on European feeds market

Soyameal on the European meals and feeds market eased on Thursday, tracking the previous day's weaker close for CBOT soyameal futures after profit-taking. South American soyameal was offered between $1 and $7 a tonne lower, with further pressure from a la
Published 22 Apr, 2018 12:00am
Brazilian sugar exports likely to fall in 2018-19

Brazilian sugar exports likely to fall in 2018-19

Brazilian sugar exports are expected to fall by 6.5 million tonnes in the 2018-19 crop compared with the previous season due to a smaller cane crush and falling sugar production in both the center-south and northeast regions, according to a report release
Published 22 Apr, 2018 12:00am
Cocoa arrivals in Brazil jump in possible upward trend

Cocoa arrivals in Brazil jump in possible upward trend

Arrivals of cocoa beans from plantations in the state of Bahia increased to 10,431 60-kg bags in the week from April 2-8, after having remained below 8,000 bags for the three previous weeks, potentially signalling the start of a more prolonged upward move
Published 22 Apr, 2018 12:00am
Palm oil prices firm on European vegoils market
Vegetable Oil

Palm oil prices firm on European vegoils market

Palm oil on the European vegetable oils market firmed on Thursday on underlying nearby demand, though gains were limited by a lack of fresh leads and little direction from barely changed Malaysian palm oil futures. Asking prices for palm oil were between
Published 22 Apr, 2018 12:00am
Australia's South32 sees brighter manganese output

Australia's South32 sees brighter manganese output

Australia's South32 Ltd, the world No 1 manganese producer, on Thursday raised its output guidance for the steelmaking ingredient amid strong demand and high prices related to US sanctions against Russia, sending its shares to an all-time high.
Published 22 Apr, 2018 12:00am
India's oil imports from Iran fall over 15 percent in 2017-18

India's oil imports from Iran fall over 15 percent in 2017-18

India's oil imports from Iran during the 2017/18 fiscal year fell by 15.7 percent from a year ago as state refiners reduced purchases after a row over development rights for an Iranian natural gas field, according to data from shipping and industry source
Published 22 Apr, 2018 12:00am
Strategie Grains cuts EU wheat export forecast

Strategie Grains cuts EU wheat export forecast

Analyst firm Strategie Grains lowered its forecast for European Union soft wheat exports this season for the sixth month in a row, and also cut its expectations for 2018/19 as EU wheat was seen continuing to lag more competitive Black Sea prices.
Published 22 Apr, 2018 12:00am
Canada's main share index rise
Exchange

Canada's main share index rise

Canada's main stock index rose on Friday as higher bond yields boosted financials, while shares of Rogers Communications jumped after the telecommunications company reported profits that beat estimates. The Toronto Stock Exchange's S&P/TSX composite index
Published 22 Apr, 2018 12:00am
Oil stocks face crucial earnings test as investors venture back in

Oil stocks face crucial earnings test as investors venture back in

Formerly sceptical investors are buying back into oil majors in the hope that upcoming results will mark a turning point for energy stocks which have failed to keep pace with a surge in crude prices. Oil stocks could begin to close that gap if results liv
Published 22 Apr, 2018 12:00am
J.P Morgan launches ESG emerging market bond index

J.P Morgan launches ESG emerging market bond index

J.P Morgan on Wednesday launched a new emerging market bond index that takes environmental, social and governance (ESG) factors into account, the bank said in a statement. The index, conceived in cooperation with BlackRock, will cater to investors who wan
Published 22 Apr, 2018 12:00am
J.P Morgan launches ESG emerging market bond index

J.P Morgan launches ESG emerging market bond index

J.P Morgan on Wednesday launched a new emerging market bond index that takes environmental, social and governance (ESG) factors into account, the bank said in a statement. The index, conceived in cooperation with BlackRock, will cater to investors who wan
Published 22 Apr, 2018 12:00am
Japan's Mizuho loses Saudi bond role in ongoing Gulf rift

Japan's Mizuho loses Saudi bond role in ongoing Gulf rift

Japan's Mizuho Securities has lost a bond mandate for Saudi Arabia, on top of another for Qatar, banking sources said, highlighting how international banks have been caught up in Qatar's ongoing dispute with its neighbours. Saudi Arabia, the United Arab E
Published 22 Apr, 2018 12:00am
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