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Print - 2018-07-03
Dell becomes public company five years after buyout

Dell becomes public company five years after buyout

Dell, the onetime leader in personal computers and tech industry stalwart, said Monday it will become publicly traded five years after a contentious private equity buyout.
Published 03 Jul, 2018 12:00am
Ophthalmologist Dr Dawood takes oath as minister

Ophthalmologist Dr Dawood takes oath as minister

The caretaker cabinet of Khyber Pakhtunkhwa was Monday expanded with the induction of renowned ophthalmologist Prof Dr Muhammad Dawood took oath as caretaker health Miinister of Khyber Pakhtunkhwa Governor Khyber Pakhtunkhwa Engr Iqbal Zafar Jhagra admini
Published 03 Jul, 2018 12:00am
Ministry expresses reservation about EDB's 'caretaker' CEO

Ministry expresses reservation about EDB's 'caretaker' CEO

Ministry of Industries and Production (MoI&P) has reportedly expressed its reservations about the "caretaker" Chief Executive Officer (CEO) Engineering Development Board, Mirza Nasir Baig for not accepting the resignation of Muddasar Iqbal, a General Mana
Published 03 Jul, 2018 12:00am
Ad hoc relief allowance for government employees Notified

Ad hoc relief allowance for government employees Notified

The government on Monday notified grant of ad hoc relief allowance-2018 at the rate of 10 percent of basic pay to the civil employees of the federal government and the civilians being paid from defense estimates.
Published 03 Jul, 2018 12:00am
PM briefed about NH&LH achievements

PM briefed about NH&LH achievements

Caretaker Prime Minister former Justice Nasir-ul-Mulk Monday chaired a briefing on functions and achievements of National History & Literary Heritage (NH&LH) Division at Prime Minister's Office.
Published 03 Jul, 2018 12:00am
Mulk pays homage to Jamsheed Marker

Mulk pays homage to Jamsheed Marker

Caretaker Prime Minister former Justice Nasir-ul-Mulk on Monday paid homage to seasoned diplomat Ambassador Jamsheed Marker (retd) late for his services to build a soft image of Pakistan abroad.
Published 03 Jul, 2018 12:00am
Protest held against hike in POL prices

Protest held against hike in POL prices

Dozens of political workers and civil society activists on Monday staged a protest demonstration outside press club here against the unprecedented hike in prices of petroleum products and demanded of the caretaker government to reverse its decision immedi
Published 03 Jul, 2018 12:00am
IPEA approves authority of PEC

IPEA approves authority of PEC

Engineers of Pakistan would now be able to take their share in the world job market as International Professional Engineering Agreement (IPEA) has approved the authority of Pakistan Engineering Council (PEC) to award the title of International Professiona
Published 03 Jul, 2018 12:00am
No kidnapper convicted despite several arrests: CPLC chief

No kidnapper convicted despite several arrests: CPLC chief

Zubair Habib Chief, Citizens-Police Liaison Committee (CPLC) Sindh on Monday said that despite several arrests, no kidnapper has been convicted by the courts, due to ineffective implementation of witness protection program (WPP).
Published 03 Jul, 2018 12:00am
Enthusiasm continues on Second day of 'Young Leaders Conference'

Enthusiasm continues on Second day of 'Young Leaders Conference'

The high level of enthusiasm among the participants continued on the second day of the six-day long Young Leaders Conference (YLC), 2018. The founding partner English Biscuit Manufacturers (Private) Limited was also the sponsor of the second day of this p
Published 03 Jul, 2018 12:00am
Pakistan gains tremendous success in combating terrorism: Maleeha

Pakistan gains tremendous success in combating terrorism: Maleeha

Pakistan has gained "tremendous success" in combating terrorism in recent years, but stressed the need for more international cooperation to eliminate the hydra-headed scourge from across the world, Ambassador Maleeha Lodhi told the United Nations.
Published 03 Jul, 2018 12:00am
Roots Millennium Schools participates in Colombo conference

Roots Millennium Schools participates in Colombo conference

Millennium Confucius Classroom of Roots Millennium Schools, Pakistan participated in the 2018 Joint Conference of Partial Confucius Institute in Asia held in Colombo, Sri Lanka, providing a unique opportunity to Pakistanis to interact with a key instituti
Published 03 Jul, 2018 12:00am
BMP chief wants next government to setup industries

BMP chief wants next government to setup industries

Businessmen Panel (BMP) chairman Mian Anjum Nisar has said business community is facing hardships to get their issues resolved. He was speaking to a gathering arranged for caretaker ministers of Punjab, Sindh, KP and Balochistan nominated from BMP, a plat
Published 03 Jul, 2018 12:00am
Tiger exhibition by PML-N candidates challenged

Tiger exhibition by PML-N candidates challenged

Exhibition of wild animal/tiger in election campaign by the candidates of Pakistan Muslim League-Nawaz (PML-N) has been challenged before the Lahore High Court.
Published 03 Jul, 2018 12:00am
'More transfers, postings likely in Punjab'

'More transfers, postings likely in Punjab'

Punjab Minister for Information Ahmed Waqas Riaz has said that on the directions of the Punjab Chief Minister, more transfers and postings would be made in Punjab, soon. Ahmed Waqas Riaz said here on Monday that those who were posted against merit would b
Published 03 Jul, 2018 12:00am
PPP leader condemns PTI for torturing boy

PPP leader condemns PTI for torturing boy

General Secretary Pakistan Peoples Party (PPP), Syed Nayyar Hussain Bukhari strongly condemned the Pakistan Tehreek-e-Insaf (PTI) for treating harshly a boy for tearing a PTI candidate's banner. While talking to media persons on Monday, he said that tortu
Published 03 Jul, 2018 12:00am
PPP removes four office-bearers on disciplinary grounds

PPP removes four office-bearers on disciplinary grounds

The Pakistan People's Party (PPP) has removed four senior party office-bearers for violation of party discipline. Among those who have been removed included PPP South Punjab Secretary Information Shaukat Basra, Divisional President Multan Malik Nosher Lan
Published 03 Jul, 2018 12:00am
New criteria for induction in FCPS-II opposed

New criteria for induction in FCPS-II opposed

A group of qualified FCPS part-I candidates from different private medical colleges opposed the new criteria for induction in FCPS-II and demanded of the Post-Graduate Medical Institute (PGMI) to retain the old induction system, otherwise they will strong
Published 03 Jul, 2018 12:00am
Kashmala attends reception at AJK President House

Kashmala attends reception at AJK President House

Federal Ombudsperson for Protection against Harassment, Kashmala Tariq attends the reception at President House AJ&K and presented souvenir to the President AJ&K.
Published 03 Jul, 2018 12:00am
Upcoming vehicles: Regal Automobile hosts ceremony

Upcoming vehicles: Regal Automobile hosts ceremony

Regal Automobile Industries Limited hosted a ceremony at their plant in Lahore in which they have provided details about their upcoming vehicles Regal Automobile Industries Limited is Pakistan's third largest bike assembling company. We now present a plan
Published 03 Jul, 2018 12:00am
District Bait-ul-Maal Committees de-notified ahead of elections

District Bait-ul-Maal Committees de-notified ahead of elections

In the wake of holding free, fair and transparent upcoming general elections, caretaker Punjab government has de-notified all District Bait-ul-Maal Committees which were constituted by the Punjab Bait-ul-Maal Council under Section-5 (Sub Section-2) of the
Published 03 Jul, 2018 12:00am
ITU to launch consortium for applied data science on July 5

ITU to launch consortium for applied data science on July 5

Pakistan takes a leap forward in the development of the Data Science and Artificial Industry, as Information Technology University (ITU) Punjab is launching a Consortium for Applied Data Science on Thursday, at Arfa Software Technology Park, Lahore.
Published 03 Jul, 2018 12:00am
Implementation of electoral code of conduct will be ensured: Dr Askari

Implementation of electoral code of conduct will be ensured: Dr Askari

The caretaker Punjab Chief Minister Dr Hasan Askari Rizvi Monday said the interim government is ensuring implementation of electoral code of conduct issued by the Election Commission of Pakistan (ECP) while legal action will be initiated on any violation
Published 03 Jul, 2018 12:00am
Effective monitoring of healthcare programmes a must: Askari

Effective monitoring of healthcare programmes a must: Askari

Punjab Chief Minister Dr Hasan Askari Rizvi on Monday said that effective monitoring of healthcare programmes is every essential, as steps taken for the service of ailing humanity are required to be implemented in letter and spirit while the patients need
Published 03 Jul, 2018 12:00am
Urban flooding predicted in central Punjab

Urban flooding predicted in central Punjab

The Flood Warning Center has forecast urban flood in Rawalpindi, Faisalabad, Gujranwala, Lahore & Sargodha Divisions on 03rd and 04th July-2018. In its forecast, it said that River Kabul at Nowshera is in Low Flood Level and all the other major rivers are
Published 03 Jul, 2018 12:00am
Maryam Nawaz withdraws papers from NA-125

Maryam Nawaz withdraws papers from NA-125

Former Prime Minister Nawaz Sharif's daughter Maryam Nawaz has formally withdrawn her nomination papers from NA-125 constituency. On Monday, Maryam Nawaz's counsel Tanvir Zia Butt submitted a formal request to the Returning Officer (RO) for withdrawal of
Published 03 Jul, 2018 12:00am
LHC defers contempt proceedings against Ahsan

LHC defers contempt proceedings against Ahsan

A full bench of the Lahore High Court on Monday deferred till first week of September its decision against former interior minister Ahsan Iqbal in contempt of court proceedings after he tendered unconditional apology. Justice Syed Mazahar Ali Akbar Naqvi,
Published 03 Jul, 2018 12:00am
AGP attends ICAP Accounting Standards Board meeting

AGP attends ICAP Accounting Standards Board meeting

The Institute of Chartered Accountants of Pakistan (ICAP) on June 27, 2018 had the honor of Javaid Jahangir, the Auditor General of Pakistan (AGP) and his delegation attending the Accounting Standards Board (ASB) meeting. The meeting was attended by Riaz
Published 03 Jul, 2018 12:00am
IT sector: Bhutan wants to benefit from Pakistan experience: envoy

IT sector: Bhutan wants to benefit from Pakistan experience: envoy

Pakistan has huge potential in Information Technology and Bhutan will benefit from the experience and intend to have their students in the Information Technology University (ITU) Punjab under the South Asian Association for Regional Cooperation (SAARC), a
Published 03 Jul, 2018 12:00am
CAPP launched to digitize small, landless farmers

CAPP launched to digitize small, landless farmers

Connected Agriculture Platform Punjab (CAPP), launched by the provincial Agriculture department, is all about digitizing the small/landless farmer community to make them well connected, well aware, and in control of their farming workflow. Punjab governme
Published 03 Jul, 2018 12:00am
People leaving Nawaz due to his anti-state agenda: Qadri

People leaving Nawaz due to his anti-state agenda: Qadri

Pakistan Awami Tehreek Quaid Dr. Tahirul Qadri has said people are leaving Nawaz Sharif's party because of his anti-state agenda and anti judiciary and anti army narrative. In a statement Qadri challenged Nawaz Sharif to return and try to launch his elect
Published 03 Jul, 2018 12:00am
LCCI resents hike in POL prices

LCCI resents hike in POL prices

Terming the increase in POL prices as blackmailing to the trade, industry and masses, the Lahore Chamber of Commerce & Industry (LCCI) declared that this action would prove a blow to the economy.
Published 03 Jul, 2018 12:00am
Background
Mutual Funds

Background

Kohat Cement (PSX: KOHC) is one of the mid-tier cement manufacturers within the industry and has been in the business of manufacturing cement since 1980 when it was first incorporated. The company was incorporated as State Cement Company of Pakistan with
Published 03 Jul, 2018 12:00am
Kohat Cement
Mutual Funds

Kohat Cement

Kohat Cement (PSX: KOHC) is one of the mid-tier cement manufacturers within the industry and has been in the business of manufacturing cement since 1980 when it was first incorporated. The company was incorporated as State Cement Company of Pakistan with
Updated 07 Jul, 2018 08:10am
Genetically modified crops to help reduce losses: experts
Cotton

Genetically modified crops to help reduce losses: experts

The insect/disease-resistant and herbicide-tolerant genetically modified crops in Pakistan would help in reducing the crop losses as genetically modified (GM) crops are allowing farmers to grow more on current farmland, reflecting increased agricultural p
Published 03 Jul, 2018 12:00am
FATF: Rabbani criticises government for overstepping its mandate

FATF: Rabbani criticises government for overstepping its mandate

Senator Raza Rabbani Monday criticised the caretaker government for overstepping its mandate by agreeing to implement a plan given by Financial Action Task Force (FATF), saying it does not fall in the purview of an interim government.
Published 03 Jul, 2018 12:00am
Experts seek action against import of unregistered pesticides
Cotton

Experts seek action against import of unregistered pesticides

The government should immediately take notice of the import of huge quantity of unregistered pesticides being used by unregistered manufacturers, causing serious problems for both the farmers as well as crops. Experts told Business Recorder here on
Published 03 Jul, 2018 12:00am
MCC PQ collects Rs 155 billion customs duty

MCC PQ collects Rs 155 billion customs duty

The Model Customs Collectorate (MCC) Port, Muhammad Bin Qasim, Karachi collected Rs 155 billion as customs duty against last year's collection of Rs 130 billion, registering a growth of 19.2 percent on year-on-year basis. The share of MCC Port Qasim is 25
Published 03 Jul, 2018 12:00am
Cotton futures hit six-week low
Cotton

Cotton futures hit six-week low

ICE cotton futures fell over 1 percent on Monday to mark a six-week low as investors remained on the sidelines amid trade tensions between the United States, the world's biggest cotton exporter, and top consumer China. The most active cotton contract on I
Published 03 Jul, 2018 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold slipped more than 1 percent to its lowest in 6-1/2 months on Monday ahead of a US holiday, and platinum headed to its lowest in nearly 10 years as the greenback strengthened and an ongoing US-European Union trade spat pressured precious metals.
Published 03 Jul, 2018 12:00am
US MIDDAY: soyabeans, corn down

US MIDDAY: soyabeans, corn down

US corn and soyabean futures fell to within a few cents of contract lows on Monday on strong US crop prospects and on concerns that trade fights with key export partners would curb export demand. Wheat also fell as rising supplies from the US winter crop
Published 03 Jul, 2018 12:00am
Gold falls back towards 6-month low in Europe

Gold falls back towards 6-month low in Europe

Gold slipped back towards its lowest in more than six months on Monday as the currencies of key consumers weakened, making it more expensive for them to buy dollar-priced bullion.
Published 03 Jul, 2018 12:00am
Gold edges lower in Asia

Gold edges lower in Asia

Gold prices edged lower on Monday as the dollar firmed after last week's US inflation data supported the Federal Reserve's outlook for future interest rate increases. Spot gold was 0.3 percent lower at $1,248.98 an ounce as of 0644 GMT.
Published 03 Jul, 2018 12:00am
Arabica coffee at 4-1/2 years low, raw sugar sinks
Currency

Arabica coffee at 4-1/2 years low, raw sugar sinks

Raw sugar futures on ICE tumbled more than 5 percent on Monday, with the most-active contract taking its biggest one-day dive on heavy fund selling triggered by a fall below the key 12-cent level, while arabica coffee tapped a 4-1/2-year low.
Published 03 Jul, 2018 12:00am
Palm oil rebounds on weaker output
Vegetable Oil

Palm oil rebounds on weaker output

Malaysian palm oil futures moved into positive territory on Monday evening, reversing losses as traders forecast declining monthly production in the world's second-largest producer. The market had fallen earlier in the session, tracking crude oil prices t
Published 03 Jul, 2018 12:00am
Tokyo rubber falls

Tokyo rubber falls

Benchmark Tokyo rubber futures fell on Monday, dragged by lingering worries about increasing stocks in consuming nations such as Japan and China, the world's biggest rubber buyer, brokers said. Tokyo Commodity Exchange (TOCOM) futures traded not far from
Published 03 Jul, 2018 12:00am
Oil falls as OPEC output rises, more production planned

Oil falls as OPEC output rises, more production planned

Oil futures fell Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid escalating trade disputes with the United States. A flurry of announcements over the weekend unsettled oil markets. Global benchmark Brent fe
Published 03 Jul, 2018 12:00am
Copper hits seven-month low as US, China trade tensions rumble
Currency

Copper hits seven-month low as US, China trade tensions rumble

Copper prices hit seven-month lows on Monday as the market priced in weaker demand in top consumer China, which is embroiled in the trade spat with the United States even as its manufacturing sector slows. Benchmark copper ended down 1.6 percent at $6,523
Published 03 Jul, 2018 12:00am
Middle East crude benchmarks lower

Middle East crude benchmarks lower

The Middle East crude benchmarks started July trading at lower premiums than the previous month with traders awaiting official selling prices from producers.
Published 03 Jul, 2018 12:00am
Iran president in Europe to rally support for nuclear deal

Iran president in Europe to rally support for nuclear deal

Iranian President Hassan Rouhani arrived in Switzerland on Monday at the start of European trip billed as of "prime importance" after the US pulled out of the 2015 nuclear deal between Tehran and world powers. The tour, which also includes a stop in Austr
Published 03 Jul, 2018 12:00am
FBI foils US independence day attack by Al-Qaeda sympathizer

FBI foils US independence day attack by Al-Qaeda sympathizer

The FBI announced Monday the arrest of a professed supporter of Al-Qaeda who was planning to target members of the US military and their families with a bomb attack on a July 4 parade in Cleveland, Ohio. The Federal Bureau of Investigation said Demetrius
Published 03 Jul, 2018 12:00am
Five more beaten to death in India lynchings

Five more beaten to death in India lynchings

Indian police said Monday they have arrested 23 people after five men were bludgeoned to death by a crazed mob in yet another horrific lynching to rock the country. Local media estimate more than 25 people have been killed in recent months in similar case
Published 03 Jul, 2018 12:00am
US sticks to goal of cutting Iran oil exports to zero
Currency

US sticks to goal of cutting Iran oil exports to zero

The United States remains determined to force Iran to change its behaviour by cutting its oil exports to zero, the State Department said Monday, despite resistance from importing countries. Brian Hook, the senior official leading negotiations with US alli
Published 03 Jul, 2018 12:00am
Thai boys trapped in cave found alive after nine days Underground

Thai boys trapped in cave found alive after nine days Underground

Twelve boys and their football coach trapped in a flooded Thai cave for nine days were found alive late Monday, sparking elation after days of painstaking searching by specialist divers through muddy waters and winding tunnels.
Published 03 Jul, 2018 12:00am
UN envoy in Yemen for talks with rebels on port

UN envoy in Yemen for talks with rebels on port

The UN envoy for Yemen was in Sanaa on Monday for talks with rebels aimed at finding a solution to fighting in the port city of Hodeida, which the insurgents hold. Martin Griffiths is set to meet with the Iran-allied Huthi rebels, who control the capital
Published 03 Jul, 2018 12:00am
Canadian PM Trudeau denies groping reporter

Canadian PM Trudeau denies groping reporter

Canadian Prime Minister Justin Trudeau has responded for the first time to an allegation of sexual misconduct dating back almost two decades, saying he does not recall any "negative interactions" on the day in question. The avowed feminist was asked on Su
Published 03 Jul, 2018 12:00am
'Cats' choreographer Gillian Lynne dies

'Cats' choreographer Gillian Lynne dies

British choreographer Gillian Lynne, who was best known for her work on the long-running musicals "Cats" and "Phantom of the Opera, has died aged 92, her husband said. Lynne died on Sunday at the Princess Grace Hospital in London.
Published 03 Jul, 2018 12:00am
Australia ends direct aid to Palestinian Authority

Australia ends direct aid to Palestinian Authority

Australia ended direct aid to the Palestinian Authority on Monday over fears it could be used to support people convicted of political violence. Canberra will halt the Aus$10 million ($7.5 million) per year it gave to the World Bank's trust fund for Pales
Published 03 Jul, 2018 12:00am
China aims to outstrip NASA with super-powerful rocket

China aims to outstrip NASA with super-powerful rocket

China is working on a super-powerful rocket that would be capable of delivering heavier payloads into low orbit than NASA, a leading Chinese space expert was quoted as saying Monday.
Published 03 Jul, 2018 12:00am
US cuts aid to Zimbabwe action groups ahead of election

US cuts aid to Zimbabwe action groups ahead of election

The United States said Monday it had cut funding to three Zimbabwean civil action groups citing "possible misuse" of money ahead of July 30 elections, the first vote since Robert Mugabe was ousted.
Published 03 Jul, 2018 12:00am
Palestinian killed by Israeli forces

Palestinian killed by Israeli forces

Israeli soldiers opened fire on four Palestinians who infiltrated from the Gaza Strip on Monday and sought to set an unmanned sniper post ablaze, killing one of them, the military said. "Troops spotted the infiltration, monitored the incident and pursued
Published 03 Jul, 2018 12:00am
Mexico turns page with win for leftist 'AMLO'

Mexico turns page with win for leftist 'AMLO'

Mexico entered a new political era Monday after anti-establishment leftist Andres Manuel Lopez Obrador won the presidency in a landslide, leaving a divided nation split between elation and worry - the latter reflected in market jitters.
Published 03 Jul, 2018 12:00am
Asian factories lose momentum

Asian factories lose momentum

Asian exporters lost momentum last month even before tariffs on US and Chinese goods kick in this week, pressuring regional factory activity in a worrying sign the Trump administration's "America First" protectionist policies could derail global growth.
Published 03 Jul, 2018 12:00am
EU warns US of boomerang effect if Trump imposes car levies

EU warns US of boomerang effect if Trump imposes car levies

The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of US exports.
Published 03 Jul, 2018 12:00am
Largest US business group attacks Trump on tariffs

Largest US business group attacks Trump on tariffs

The US Chamber of Commerce, the nation's largest business lobbying group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.
Published 03 Jul, 2018 12:00am
US manufacturing solid in June but trade fears persist: ISM

US manufacturing solid in June but trade fears persist: ISM

US demand remains robust, helping to keep the manufacturing sector growing solidly in June but concerns about trade policies, rising prices and dwindling employment weighed on industry, according to an industry survey on Monday.
Published 03 Jul, 2018 12:00am
Rainfalls bring relief to China's parched corn fields

Rainfalls bring relief to China's parched corn fields

Recent rainfalls in China's northeast region have provided relief to the parched fields after drought threatened to cut crop yields in one of the world's top corn producers. China's Ministry of Agriculture and Rural Affairs reduced its forecast for corn o
Published 03 Jul, 2018 12:00am
CBOT corn futures rise

CBOT corn futures rise

Chicago Board of Trade corn futures rose on Friday on technical buying and concerns that unfavorably hot weather will threaten the developing US crop, traders said. CBOT September corn ended up 5-1/4 cents at $3.59-1/2 a bushel, while new-crop December co
Published 03 Jul, 2018 12:00am
Brazil's coffee stocks at lowest level since 2012

Brazil's coffee stocks at lowest level since 2012

Coffee stocks in Brazil, the world's top producer and exporter, were at 9.82 million 60-kg bags at the end of the 2017/18 crop, 0.4 percent less than at the same time a year ago and the lowest level since 2012, according to a report on Thursday. A study p
Published 03 Jul, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,566. The traded value of Metals, Energy and COTS/FX was recorded at PKR2.125billion and the number of lots traded was 3,403. Major business was contributed by currencies t
Published 03 Jul, 2018 12:00am
Euronext wheat futures jump as French crop forecast cut

Euronext wheat futures jump as French crop forecast cut

Euronext wheat futures jumped on Friday as traders reported that consultancy Strategie Grains had slashed its forecast for this year's French wheat harvest. December milling wheat, the most active position on Paris-based Euronext, settled 4.50 euros, or 2
Published 03 Jul, 2018 12:00am
Gold demand improves in India as prices fall

Gold demand improves in India as prices fall

Gold demand improved this week in India as prices fell to their lowest level in nearly three months, while demand elsewhere in Asia remained tepid as investors waited for prices to fall further. Gold futures in India were trading at around 30,419 rupees (
Published 03 Jul, 2018 12:00am
European gasoline margins fall on weak demand

European gasoline margins fall on weak demand

Benchmark northwest European gasoline refining margins fell on the back of muted demand and a sharp rise in crude prices. Barge activity was largely muted throughout the day with volatility on crude prices throughout the day keeping market participants on
Published 03 Jul, 2018 12:00am
CBOT soyabean futures drop in late trading

CBOT soyabean futures drop in late trading

Chicago Board of Trade soyabean futures dropped to their lowest prices in more than a week on Friday as the market gave up gains late in the trading session and ended lower for the week. Selling ahead of the weekend dragged down prices, after soyabean fut
Published 03 Jul, 2018 12:00am
Canadian canola futures lower
Currency

Canadian canola futures lower

ICE Canadian canola futures closed mostly lower on Friday pressured by a stronger Canadian dollar, which tends to make canola less competitive globally, traders said. A late-session slide in allied US soyaabean futures lent pressure. Statistics Canada est
Published 03 Jul, 2018 12:00am
Asian naphtha rises at two-week high

Asian naphtha rises at two-week high

Asia's naphtha crack rose on Friday to reach a two-week high of $78.13 a tonne supported by a string of demand this week. Apart from Taiwan's two key importers being out in the market this week, South Korea's Hanwha, KPIC, LG Chem, Japan's Idemitsu and Ch
Published 03 Jul, 2018 12:00am
Fifty Seven Years of ZTBL - An Uphill Journey
Currency

Fifty Seven Years of ZTBL - An Uphill Journey

Zarai Taraqiati Bank Limited essentially an agriculture bank of the country has gone through various economic phases and leadership eras during past five decades. It has seen many highs and lows and has come a long way since its inception in 1961. Its ear
Published 03 Jul, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Jul, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 03 Jul, 2018 12:00am