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Print - 2018-09-09
Business Recorder staffer's father passes away

Business Recorder staffer's father passes away

Muhammad Ramzan Bhatti, the father of Muhammad Rizwan Bhatti, a senior staff reporter of Business Recorder, died yesterday after a protracted illness. He was 72. Quran-Khuwani will be offered between Zohr and Asr at House No A-121 Roaidad Nagar near Lal M
Published 09 Sep, 2018 12:00am
Murad vows to introduce business enabling reforms

Murad vows to introduce business enabling reforms

Sindh Chief Minister Syed Murad Ali Shah has said that he was actively working to introduce Investment and Business Enabling Reforms (Ease of Doing Business) by deregulating the business environment and facilitating business by reducing procedures. This,
Published 09 Sep, 2018 12:00am
Sharjeel appears before court in graft case

Sharjeel appears before court in graft case

Pakistan Peoples' Party(PPP) leader and former Sindh minister Sharjeel Memon, who made headlines after Chief Justice Mian Saqib Nisar found liquor in his hospital room, was produced before an accountability court for hearing of a Rs 6 billion corruption c
Published 09 Sep, 2018 12:00am
Woman's death: CJP seeks report in 10 days

Woman's death: CJP seeks report in 10 days

The Chief Justice of Pakistan on Saturday ordered inquiry into the death of a lady doctor during delivery at a private hospital and directed the healthcare commission to constitute an inquiry committee which would submit its report within 10 days.
Published 09 Sep, 2018 12:00am
Ill-gotten wealth: task force to target Switzerland, UK & UAE

Ill-gotten wealth: task force to target Switzerland, UK & UAE

The high-powered task force constituted to retrieve ill-gotten wealth stashed abroad has decided to target Switzerland, UK and UAE in the first phase. The task force has expedited contacts with officials concerned of the aforementioned countries. At prese
Published 09 Sep, 2018 12:00am
Mamnoon holds farewell meeting with staffers

Mamnoon holds farewell meeting with staffers

President Mamnoon Hussain Saturday held a farewell meeting with officers and the workers of the President House, and thanked them for extending cooperation to him during his term. Pakistan Tehreek-e-Insaf's Dr Arif Alvi, who was declared the 13th presiden
Published 09 Sep, 2018 12:00am
Power generation resumes from Tarbela hydropower project

Power generation resumes from Tarbela hydropower project

Tarbela 4th Extension Hydropower Project has restarted electricity generation this evening, as the second gate of its unit No 16 has also been lifted today paving the way to resume power generation from the project. The electricity, generated by the proje
Published 09 Sep, 2018 12:00am
SECP tells brokers, insurance companies, NBFCs to distance from PEPs

SECP tells brokers, insurance companies, NBFCs to distance from PEPs

The Securities and Exchange Commission of Pakistan (SECP) has directed Securities Brokers, Insurance Companies, Non-Banking Finance Companies and Modarabas to remain vigilant in relation to politically exposed persons (PEPs), who are seeking to establish
Published 09 Sep, 2018 12:00am
'Pompeo in Pakistan'

'Pompeo in Pakistan'

This is apropos a Business Recorder editorial "Pompeo in Pakistan" carried by the newspaper on Friday. The newspaper has argued, among other things, that "the appointment of Zalmay Khalilzad, a former US ambassador to Afghanistan and Iraq, as a spe
Published 09 Sep, 2018 12:00am
Japan resilient, but climate change making disasters worse: experts

Japan resilient, but climate change making disasters worse: experts

Record typhoons, biblical floods, heatwaves, landslides and earthquakes: this summer, Japan really has seen it all and images of the destruction caused have been beamed around the world. And while world-class infrastructure and high-tech warning systems m
Published 09 Sep, 2018 12:00am
Gateways not bottlenecks

Gateways not bottlenecks

Over 90 percent of world trade is routed through sea, including nearly 70 percent as containerised cargo. Goods after reaching their destination ports are transported via trailer (Bonded Carriers duly licensed by regulatory authorities) by road network to
Published 09 Sep, 2018 12:00am
All roads lead to the IMF
Currency

All roads lead to the IMF

There are many articles that are being written about what Pakistan needs to do to get out of its economic morass, this author, on the other hand, takes a different view. The premise of this article is that Pakistan will enter an IMF programme and looks at
Published 09 Sep, 2018 12:00am
Jalaluddin Haqqani is dead

Jalaluddin Haqqani is dead

Jalaluddin Haqqani, whose son Sirajuddin now heads the fearsome Haqqani group and is also the Taliban's deputy leader, died "after a long battle with illness", the Taliban have said in a statement. Jalaluddin "was from among the great distinguished Jihadi
Published 09 Sep, 2018 12:00am
Old ways of 'New Pakistan'

Old ways of 'New Pakistan'

A recurring theme in Prime Minister Imran Khan's pre-election promises of change has been to uphold the principle of meritocracy in all public sector appointments, freeing the police from political interference, and ending the culture of 'thana-katchery'
Published 09 Sep, 2018 12:00am
Global protests as key UN climate talks stumble

Global protests as key UN climate talks stumble

Thai fishermen and labourers whose livelihoods are threatened by rising sea levels kicked off an international day of protests in Bangkok Saturday, where key UN talks are attempting to breathe life into the Paris Agreement on climate change. As global war
Published 09 Sep, 2018 12:00am
Global protests as key UN climate talks stumble

Global protests as key UN climate talks stumble

Thai fishermen and labourers whose livelihoods are threatened by rising sea levels kicked off an international day of protests in Bangkok Saturday, where key UN talks are attempting to breathe life into the Paris Agreement on climate change. As global war
Published 09 Sep, 2018 12:00am
CJP says will guard dam after retirement

CJP says will guard dam after retirement

Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Saturday said he will guard dam after getting retired. The CJP lauded statement of Prime Minister Imran Khan regarding water crisis in the country and said Supreme Court (SC) will soon conduct internatio
Published 09 Sep, 2018 12:00am
CJP says will guard dam after retirement

CJP says will guard dam after retirement

Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Saturday said he will guard dam after getting retired. The CJP lauded statement of Prime Minister Imran Khan regarding water crisis in the country and said Supreme Court (SC) will soon conduct internatio
Published 09 Sep, 2018 12:00am
Four more ministers inducted into cabinet

Four more ministers inducted into cabinet

Prime Minister Imran Khan has inducted four more federal ministers in his cabinet, taking the number of ministers, advisors and special assistants in the federal government to 29. There are now 20 federal ministers in the Prime Minister's cabinet, one min
Published 09 Sep, 2018 12:00am
Four more ministers inducted into cabinet

Four more ministers inducted into cabinet

Prime Minister Imran Khan has inducted four more federal ministers in his cabinet, taking the number of ministers, advisors and special assistants in the federal government to 29. There are now 20 federal ministers in the Prime Minister's cabinet, one min
Published 09 Sep, 2018 12:00am
Digital tax: EU ministers do ''battle''

Digital tax: EU ministers do ''battle''

EU finance ministers battled Saturday over a controversial proposal to slap a European tax on US tech giants amid rising worries that it is ineffective and protectionist. France for a year has rallied EU partners to draw up the tax which Paris says is nec
Published 09 Sep, 2018 12:00am
Digital tax: EU ministers do 'battle'

Digital tax: EU ministers do 'battle'

EU finance ministers battled Saturday over a controversial proposal to slap a European tax on US tech giants amid rising worries that it is ineffective and protectionist. France for a year has rallied EU partners to draw up the tax which Paris says is nec
Published 09 Sep, 2018 12:00am
Digital tax: EU ministers do 'battle'

Digital tax: EU ministers do 'battle'

EU finance ministers battled Saturday over a controversial proposal to slap a European tax on US tech giants amid rising worries that it is ineffective and protectionist. France for a year has rallied EU partners to draw up the tax which Paris says is nec
Published 09 Sep, 2018 12:00am
Ex-Trump campaign aide sentenced to 14 days in prison

Ex-Trump campaign aide sentenced to 14 days in prison

George Papadopoulos, a former aide to then-Republican candidate Donald Trump's 2016 campaign, was sentenced on Friday to 14 days in prison after pleading guilty last year to lying to federal agents investigating whether campaign members coordinated with R
Published 09 Sep, 2018 12:00am
Ex-Trump campaign aide sentenced to 14 days in prison

Ex-Trump campaign aide sentenced to 14 days in prison

George Papadopoulos, a former aide to then-Republican candidate Donald Trump's 2016 campaign, was sentenced on Friday to 14 days in prison after pleading guilty last year to lying to federal agents investigating whether campaign members coordinated with R
Published 09 Sep, 2018 12:00am
Government reviews PSDP envisaged in budget 2018-19

Government reviews PSDP envisaged in budget 2018-19

The Pakistan Tehreek-e-Insaf (PTI) government is reviewing the public sector development programme (PSDP) envisaged in the budget for 2018-19 presented by the Abbasi-led administration on 26 April 2018 and intends to slash it by Rs 250 billion, it is lear
Published 09 Sep, 2018 12:00am
Government reviews PSDP envisaged in budget 2018-19

Government reviews PSDP envisaged in budget 2018-19

The Pakistan Tehreek-e-Insaf (PTI) government is reviewing the public sector development programme (PSDP) envisaged in the budget for 2018-19 presented by the Abbasi-led administration on 26 April 2018 and intends to slash it by Rs 250 billion, it is lear
Published 09 Sep, 2018 12:00am
Government reviews PSDP envisaged in budget 2018-19

Government reviews PSDP envisaged in budget 2018-19

The Pakistan Tehreek-e-Insaf (PTI) government is reviewing the public sector development programme (PSDP) envisaged in the budget for 2018-19 presented by the Abbasi-led administration on 26 April 2018 and intends to slash it by Rs 250 billion, it is lear
Published 09 Sep, 2018 12:00am
Mattis holds UAE talks after Yemen support warning

Mattis holds UAE talks after Yemen support warning

Pentagon chief James Mattis held talks in the United Arab Emirates late Friday after warning last month that US support for its military intervention in Yemen was not unconditional. Abu Dhabi Crown Prince Mohammed bin Zayed tweeted that his talks with Mat
Published 09 Sep, 2018 12:00am
Mattis holds UAE talks after Yemen support warning

Mattis holds UAE talks after Yemen support warning

Pentagon chief James Mattis held talks in the United Arab Emirates late Friday after warning last month that US support for its military intervention in Yemen was not unconditional. Abu Dhabi Crown Prince Mohammed bin Zayed tweeted that his talks with Mat
Published 09 Sep, 2018 12:00am
Turkmenistan seeks South Asian markets after power plant boost
Currency

Turkmenistan seeks South Asian markets after power plant boost

Gas-rich Turkmenistan on Saturday hailed the expansion of a Soviet-era power plant that it hopes will become a hub for electricity exports to Afghanistan and Pakistan. Speaking at a ceremony to mark the upgrade of the facility powered by gas and steam in
Published 09 Sep, 2018 12:00am
Turkmenistan seeks South Asian markets after power plant boost
Currency

Turkmenistan seeks South Asian markets after power plant boost

Gas-rich Turkmenistan on Saturday hailed the expansion of a Soviet-era power plant that it hopes will become a hub for electricity exports to Afghanistan and Pakistan. Speaking at a ceremony to mark the upgrade of the facility powered by gas and steam in
Published 09 Sep, 2018 12:00am
Turkmenistan seeks South Asian markets after power plant boost
Currency

Turkmenistan seeks South Asian markets after power plant boost

Gas-rich Turkmenistan on Saturday hailed the expansion of a Soviet-era power plant that it hopes will become a hub for electricity exports to Afghanistan and Pakistan. Speaking at a ceremony to mark the upgrade of the facility powered by gas and steam in
Published 09 Sep, 2018 12:00am
One killed in Ali Tower fire

One killed in Ali Tower fire

At least one man was killed and another injured when a fire broke out in a multi-storey plaza, Ali Tower, on M M Alam Road, here Saturday. The fire erupted on the upper floors due to which the entire building was filled with thick smoke that fainted a num
Published 09 Sep, 2018 12:00am
Shahbaz criticises PTI government over price hike

Shahbaz criticises PTI government over price hike

Expressing serious reservations over the PTI-led government decisions to increase gas, electricity and fertilizer prices just 20 days after assuming office, Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif Saturday said those moves would cast
Published 09 Sep, 2018 12:00am
Shahbaz criticises PTI government over price hike

Shahbaz criticises PTI government over price hike

Expressing serious reservations over the PTI-led government decisions to increase gas, electricity and fertilizer prices just 20 days after assuming office, Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif Saturday said those moves would cast
Published 09 Sep, 2018 12:00am
President-elect Dr Alvi to take oath today

President-elect Dr Alvi to take oath today

President-elect Dr Arif Alvi of Pakistan Tehreek-e-Insaf will take oath today (Sunday) as the 13th President of Pakistan, as five years' tenure of outgoing President Mamnoon Hussain completed on Saturday. Chief Justice Mian Saqib Nisar will administrate t
Published 09 Sep, 2018 12:00am
President-elect Dr Alvi to take oath today

President-elect Dr Alvi to take oath today

President-elect Dr Arif Alvi of Pakistan Tehreek-e-Insaf will take oath today (Sunday) as the 13th President of Pakistan, as five years' tenure of outgoing President Mamnoon Hussain completed on Saturday. Chief Justice Mian Saqib Nisar will administrate t
Published 09 Sep, 2018 12:00am
Saudi minister meets Qureshi, CoAS

Saudi minister meets Qureshi, CoAS

Saudi Information Minister Awwad Bin Saleh Al-awwad Saturday called on Foreign Minister Shah Mahmood Qureshi and conveyed Saudi leadership's desire to work with the new government, the Foreign Office said. According to Spokesperson Foreign Office Dr Moham
Published 09 Sep, 2018 12:00am
Saudi minister meets Qureshi, CoAS

Saudi minister meets Qureshi, CoAS

Saudi Information Minister Awwad Bin Saleh Al-awwad Saturday called on Foreign Minister Shah Mahmood Qureshi and conveyed Saudi leadership's desire to work with the new government, the Foreign Office said. According to Spokesperson Foreign Office Dr Moham
Published 09 Sep, 2018 12:00am
Japan for reviewing ban on non-filers to purchase new vehicles

Japan for reviewing ban on non-filers to purchase new vehicles

Japan has reportedly urged Islamabad at the highest level to review its stringent condition banning non-filers to purchase new vehicles, well informed sources told Business Recorder. The issue, sources said, was taken up during the recent visit of
Published 09 Sep, 2018 12:00am
Japan for reviewing ban on non-filers to purchase new vehicles

Japan for reviewing ban on non-filers to purchase new vehicles

Japan has reportedly urged Islamabad at the highest level to review its stringent condition banning non-filers to purchase new vehicles, well informed sources told Business Recorder. The issue, sources said, was taken up during the recent visit of
Published 09 Sep, 2018 12:00am
Japan for reviewing ban on non-filers to purchase new vehicles

Japan for reviewing ban on non-filers to purchase new vehicles

Japan has reportedly urged Islamabad at the highest level to review its stringent condition banning non-filers to purchase new vehicles, well informed sources told Business Recorder. The issue, sources said, was taken up during the recent visit of
Published 09 Sep, 2018 12:00am
Egypt sentences 75 to death, hundreds to jail over 2013 sit-in

Egypt sentences 75 to death, hundreds to jail over 2013 sit-in

An Egyptian court on Saturday issued death sentences for 75 people, including prominent Islamist leaders, and jailed more than 600 others over a 2013 sit-in which ended with the killing of hundreds of protesters by security forces. The sentencing conclude
Published 09 Sep, 2018 12:00am
Egypt sentences 75 to death, hundreds to jail over 2013 sit-in

Egypt sentences 75 to death, hundreds to jail over 2013 sit-in

An Egyptian court on Saturday issued death sentences for 75 people, including prominent Islamist leaders, and jailed more than 600 others over a 2013 sit-in which ended with the killing of hundreds of protesters by security forces. The sentencing conclude
Published 09 Sep, 2018 12:00am
Trump calls on Apple to move production from China to US

Trump calls on Apple to move production from China to US

US President Donald Trump called Saturday for Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing. Trump has repeatedly called for companies to move production to the United States, or to
Published 09 Sep, 2018 12:00am
Trump calls on Apple to move production from China to US

Trump calls on Apple to move production from China to US

US President Donald Trump called Saturday for Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing. Trump has repeatedly called for companies to move production to the United States, or to
Published 09 Sep, 2018 12:00am
Trump calls on Apple to move production from China to US

Trump calls on Apple to move production from China to US

US President Donald Trump called Saturday for Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing. Trump has repeatedly called for companies to move production to the United States, or to
Published 09 Sep, 2018 12:00am
Trump calls on Apple to move production from China to US

Trump calls on Apple to move production from China to US

US President Donald Trump called Saturday for Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing. Trump has repeatedly called for companies to move production to the United States, or to
Published 09 Sep, 2018 12:00am
China''s record trade surplus with US adds fuel to trade war fire

China''s record trade surplus with US adds fuel to trade war fire

China''s trade surplus with the United States widened to a record in August even as the country''s export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute.
Published 09 Sep, 2018 12:00am
China's record trade surplus with US adds fuel to trade war fire

China's record trade surplus with US adds fuel to trade war fire

China's trade surplus with the United States widened to a record in August even as the country's export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute.
Published 09 Sep, 2018 12:00am
China's record trade surplus with US adds fuel to trade war fire

China's record trade surplus with US adds fuel to trade war fire

China's trade surplus with the United States widened to a record in August even as the country's export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute.
Published 09 Sep, 2018 12:00am
Power sector receivables soar to Rs 891 billion

Power sector receivables soar to Rs 891 billion

The financial position of power sector deteriorated and circular debt increased during the previous government''s tenure from 2013-18 subsequent to a steady rise in receivables against federal and provincial governments, private sector, agriculture tubewe
Published 09 Sep, 2018 12:00am
Power sector receivables soar to Rs 891 billion

Power sector receivables soar to Rs 891 billion

The financial position of power sector deteriorated and circular debt increased during the previous government's tenure from 2013-18 subsequent to a steady rise in receivables against federal and provincial governments, private sector, agriculture tubewel
Published 09 Sep, 2018 12:00am
Power sector receivables soar to Rs 891 billion

Power sector receivables soar to Rs 891 billion

The financial position of power sector deteriorated and circular debt increased during the previous government's tenure from 2013-18 subsequent to a steady rise in receivables against federal and provincial governments, private sector, agriculture tubewel
Published 09 Sep, 2018 12:00am
China not saddling Pakistan with expensive debt: Wang

China not saddling Pakistan with expensive debt: Wang

Chinese Foreign Minister Wang Yi Saturday dispelled the impression that CPEC projects increased Pakistan''s debt burden, pledging to further deepen strategic cooperative partnership with Islamabad in areas of economic, trade and defense sectors. Speaking
Published 09 Sep, 2018 12:00am
China not saddling Pakistan with expensive debt: Wang

China not saddling Pakistan with expensive debt: Wang

Chinese Foreign Minister Wang Yi Saturday dispelled the impression that CPEC projects increased Pakistan's debt burden, pledging to further deepen strategic cooperative partnership with Islamabad in areas of economic, trade and defense sectors. Speaking a
Published 09 Sep, 2018 12:00am
China not saddling Pakistan with expensive debt: Wang

China not saddling Pakistan with expensive debt: Wang

Chinese Foreign Minister Wang Yi Saturday dispelled the impression that CPEC projects increased Pakistan's debt burden, pledging to further deepen strategic cooperative partnership with Islamabad in areas of economic, trade and defense sectors. Speaking a
Published 09 Sep, 2018 12:00am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (August 1 to 31, 2018)

Published 09 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (September 08, 2018) and the forecast for Sunday (September 09, 2018).

Published 09 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 08, 2018).

Published 09 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (September 08, 2018).

Published 09 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (September 08, 2018).

Published 09 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (September 08, 2018)

Published 09 Sep, 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 (September 08, 2018).

Published 09 Sep, 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 (September 08, 2018).

Published 09 Sep, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 08, 2018).

Published 09 Sep, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (September 08, 2018).

Published 09 Sep, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

Little changes were seen on the local money market on Saturday as the rupee moved slightly in relation to the dollar in the process of trading, dealers said.
Published 09 Sep, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

Little changes were seen on the local money market on Saturday as the rupee moved slightly in relation to the dollar in the process of trading, dealers said.
Published 09 Sep, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (September 08, 2018).

Published 09 Sep, 2018 12:00am
Shanghai rebar falls as Tangshan steel mills restore output

Shanghai rebar falls as Tangshan steel mills restore output

Shanghai rebar prices fell as much as 1 percent on Wednesday as mills in Tangshan continued to ramp up output in the absence of fresh environmental curbs in China's top steelmaking city. The most active construction steel rebar futures contract on the Sha
Published 09 Sep, 2018 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market was lower on Thursday, tracking Malaysian palm oil futures that eased on an expected rise in output and ending stocks in August. A dip in energy markets, which could dent demand for vegetable oils by biodiese
Published 09 Sep, 2018 12:00am
CBOT soyabean futures down on US-China trade fight

CBOT soyabean futures down on US-China trade fight

Chicago Board of Trade soyabean futures closed the day down less than 1 percent on Wednesday, pressured by weakness in wheat futures and expectations that US-China trade tensions will continue to escalate this week, traders said.
Published 09 Sep, 2018 12:00am
Indian rice export prices down to 17-month lows

Indian rice export prices down to 17-month lows

Rice export prices in India slid to 17-month lows on sluggish demand and the rupee's record fall, while concerns of tighter supplies due to floods in the Mekong Delta and prospects of orders from the Philippines and Egypt boosted rates in Vietnam.
Published 09 Sep, 2018 12:00am
Vietnamese coffee prices hit 2-1/2-year low

Vietnamese coffee prices hit 2-1/2-year low

Coffee prices in Vietnam hit their lowest in nearly 2-1/2 years following global cues, while trading in Indonesia was thin at the end of its main harvest season, traders said on Thursday.
Published 09 Sep, 2018 12:00am
Prices up on strong demand by mills
Cotton

Prices up on strong demand by mills

Prices moved up further on the cotton market on Saturday in the process of moderate trading, dealers said. The official spot rate picked up more Rs 50 to Rs 8250, they added. Prices of seed cotton in Sindh maintained overnight levels at Rs 3700-3900, in t
Published 09 Sep, 2018 12:00am
Cotton market remains tight
Cotton

Cotton market remains tight

During the last three or four days cotton prices have increased in the ready cotton market. The Karachi Cotton Association has increased its ex-gin prices for Grade 3 cotton by Rs 200 per maund (37.32 Kgs) over the past few days. Thus the tone of the dome
Published 09 Sep, 2018 12:00am
Cotton market remains tight
Cotton

Cotton market remains tight

During the last three or four days cotton prices have increased in the ready cotton market. The Karachi Cotton Association has increased its ex-gin prices for Grade 3 cotton by Rs 200 per maund (37.32 Kgs) over the past few days. Thus the tone of the dome
Published 09 Sep, 2018 12:00am
Mauritius trims 2018 sugar output

Mauritius trims 2018 sugar output

Mauritius cut its 2018 sugar output forecast by 5.7 percent on Saturday, blaming a drop in global prices, an industry body said. The Chamber of Agriculture said it now expects production of 330,000 tonnes this year, down from 350,000 tonnes forecast in Ma
Published 09 Sep, 2018 12:00am
Storm Gordon's deluge largely unhelpful for corn, soya yields

Storm Gordon's deluge largely unhelpful for corn, soya yields

The US Crop Watch corn and soyabean fields are moving closer to the finish line, and in most cases reaching or expected to reach maturity a week or two earlier than normal. Yield expectations remain strong, but some states, including Kansas, Iowa, and Ill
Published 09 Sep, 2018 12:00am
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