Currently browsing : Commodities
8th September, 2012
Dollar falls on US jobs; Spain yields slip on ECB
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
The US dollar sank and gold prices jumped to a six-month high as anemic US jobs growth fueled investor bets on another round of stimulus.
16th August, 2012
Stocks rise, dollar falls as US data weigh
World shares rose to near 3-1/2 month highs on Thursday, following hints that global growth engine China is eyeing new support for its economy.
World shares rose to near 3-1/2 month highs on Thursday, following hints that global growth engine China is eyeing new support for its economy.
23rd July, 2012
Commodity prices move both ways
Rice dealers are nervous on depleting stocks and are selling the commodity at a higher price than in last few weeks on short supplies not only in local markets but also globally.
Rice dealers are nervous on depleting stocks and are selling the commodity at a higher price than in last few weeks on short supplies not only in local markets but also globally.
18th June, 2012
Asian markets, euro rally after Greece vote
Asian markets surged Monday after Greek pro-austerity parties won enough votes to form a government but optimism was tempered with warnings of an uncertain future.
Asian markets surged Monday after Greek pro-austerity parties won enough votes to form a government but optimism was tempered with warnings of an uncertain future.
15th May, 2012
Oil lower in Asian trade on eurozone worries
Oil extended losses in Asian trade Tuesday, over the continued political stalemate in Greece as well as banking problems in Italy and Spain.
Oil extended losses in Asian trade Tuesday, over the continued political stalemate in Greece as well as banking problems in Italy and Spain.
7th May, 2012
Oil extends losses as eurozone voters reject austerity cuts
Oil prices extended losses as French and Greek election results stoked investor concerns over the Eurozone debt crisis.
Oil prices extended losses as French and Greek election results stoked investor concerns over the Eurozone debt crisis.
28th April, 2012
FBR chief hints at tax rates reduction
Federal Board of Revenue chairman Mumtaz Haider Rizvi said on Friday that no new taxes would be announced in the coming budget.
Federal Board of Revenue chairman Mumtaz Haider Rizvi said on Friday that no new taxes would be announced in the coming budget.
26th April, 2012
Oil down in Asia on large US stockpile gain
Oil fell in Asia as a larger than expected rise in US crude inventories eroded overnight gains sparked by Fed forecasts of a pick-up in growth.
Oil fell in Asia as a larger than expected rise in US crude inventories eroded overnight gains sparked by Fed forecasts of a pick-up in growth.
27th March, 2012
Bernanke comments boost Asian markets
HONG KONG: Asian markets rallied on Tuesday after Federal Reserve Chairman Ben Bernanke warned the US economy was still fragile and would keep easy monetary…
HONG KONG: Asian markets rallied on Tuesday after Federal Reserve Chairman Ben Bernanke warned the US economy was still fragile and would keep easy monetary…
20th March, 2012
Export of rice under barter system to Iran suggested
Karachi: The Union of Small and Medium Enterprises (Unisame) appreciated the permission to export wheat to Iran under barter system and urged the Ministry of
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2nd March, 2012
Inflation surges by 11.05pc
ISLAMABAD, March 1: Inflation rose to 11.05pc in February from a year ago led by an increase in fuel and manufactured products prices, statistics showed on Thursday with officials saying that the State Bank of Pakistan may increase its policy rate in the next Monetary Policy review.
ISLAMABAD, March 1: Inflation rose to 11.05pc in February from a year ago led by an increase in fuel and manufactured products prices, statistics showed on Thursday with officials saying that the State Bank of Pakistan may increase its policy rate in the next Monetary Policy review.
2nd March, 2012
Sanctions on Iran lift dollar demand
KARACHI, March 1: The current high demand for US dollars by importers is being attributed to a different reason linked with the Western sanctions on Iran.
KARACHI, March 1: The current high demand for US dollars by importers is being attributed to a different reason linked with the Western sanctions on Iran.
29th February, 2012
Minimum holding of 120 days for CGT exemption
Karachi, Feb 28: The apex regulator Mr Muhammad Ali and the member advisory board, Federal Board of Revenue (FBR) Mr Shabbar Zaidi stated on Tuesday that the proposal of ‘no questions to be asked on sources of
Karachi, Feb 28: The apex regulator Mr Muhammad Ali and the member advisory board, Federal Board of Revenue (FBR) Mr Shabbar Zaidi stated on Tuesday that the proposal of ‘no questions to be asked on sources of
27th February, 2012
Senate body directs Finance Ministry to devise price control policy
ISLAMABAD: The Senate Standing Committee on Finance directed the Ministry of Finance to devise a policy to regulate the prices of essential commodities. The committee…
ISLAMABAD: The Senate Standing Committee on Finance directed the Ministry of Finance to devise a policy to regulate the prices of essential commodities. The committee…
10th February, 2012
Asian markets slip on Greece bailout fears
HONG KONG: Asian markets fell Friday as traders grew nervous over Greece’s chances of avoiding a default after eurozone chiefs withheld a new bailout…
HONG KONG: Asian markets fell Friday as traders grew nervous over Greece’s chances of avoiding a default after eurozone chiefs withheld a new bailout…
6th February, 2012
Stocks rise as U.S. jobs gain outweighs fears over Greece
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek…
Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek…
12th January, 2012
Exports dip 11pc on falling demand
ISLAMABAD, Jan 11: The commodities exports plunged for the third consecutive month in December 2011 as the continuing global recession shaved off demand from key markers like Europe and United States.
ISLAMABAD, Jan 11: The commodities exports plunged for the third consecutive month in December 2011 as the continuing global recession shaved off demand from key markers like Europe and United States.
11th January, 2012
Tough time ahead for consumers
KARACHI, Jan 10: The falling value of the rupee has yet to make any adverse impact on the edible items thanks to the declining trend on the world commodity markets.
KARACHI, Jan 10: The falling value of the rupee has yet to make any adverse impact on the edible items thanks to the declining trend on the world commodity markets.
11th January, 2012
Indian imports may raise edible oil prices
HAMBURG, Jan 10: A poor rapeseed harvest looming in India could raise its edible oil import requirements in the coming months and add support to global vegetable oil prices at a time of concern about drought damage
HAMBURG, Jan 10: A poor rapeseed harvest looming in India could raise its edible oil import requirements in the coming months and add support to global vegetable oil prices at a time of concern about drought damage
23rd December, 2011
Egg price hits all-time high
KARACHI, DEC 22: As the prices of many edible items made a history in the last few years, egg, dubbed as the most sought-after item of winter also joined the league, touching a new historical peak of 104 per dozen on
KARACHI, DEC 22: As the prices of many edible items made a history in the last few years, egg, dubbed as the most sought-after item of winter also joined the league, touching a new historical peak of 104 per dozen on
