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Archive for  December 2012

    • News Desk
    • Dec 13th, 2012
    • Comments Off on Global palm oil prices likely to rise: Oil World

    Global palm oil prices are likely to rise in early 2013 because of high export demand stimulated by current competitive palm prices compared to soyaoil, rapeseed oil and other edible oils, Hamburg-based analysts Oil World

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Vietnam’s coffee discounts narrow, supply ample

    Coffee sellers in Vietnam, the world's largest robusta producer, offered their beans at smaller discounts this week as falling London futures and ample supply weighed on the physical market, traders said on Tuesday. High stocks

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Indonesia’s wheat imports to rise in 2013

    Indonesia's wheat imports are expected to rise 6-7 percent next year, an industry group said, after Asia's largest importer of the grain prepares to slap a 20-percent import tariff on wheat flour. In a filing

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  • A few changes were seen on the wholesale grain market on Wednesday as the buyers were on the sidelines due to less purchasing power among them, dealers said. On the grams side, Guwar Sindh recovered

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  • The trading in Kenyan tea items ended up on Jodia Bazaar here on Wednesday. The following changes were noted. KENYAN TEA (Per kg): PF-1 moved upward by Rs 30 to Rs 520, B Grade finished

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  • The December contract was unchanged and the January vaida continued its fall on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The December vaida closed at Rs 444.00 as

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Cotton market: slight fluctuations amid sizeable activity

    Mills' demand persisted on the cotton market on Wednesday, which did not allow rates to fall sharply in process of trading, dealers said. Official spot rate was unchanged at Rs 5,850, they said. About 20,000

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Rosneft finalises deal to buy TNK-BP stake from AAR

    Rosneft has finalised a deal to buy half of TNK-BP for $28 billion, clearing the way for a full take-over that would make the state-controlled Russian oil major the world's largest listed oil firm by

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Swiss investor sentiment at highest level since May

    Swiss investor sentiment remains weak, but rose to its highest level in seven months in December, suggesting the economy is stabilising after briefly contracting earlier this year. The ZEW investor sentiment rose by 12.4 points

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    • News Desk
    • Dec 13th, 2012
    • Comments Off on Bulgaria, Italy bust international ATM ‘skimming’ ring

    Bulgarian and Italian police have busted an international crime ring counterfeiting credit cards and "skimming" card numbers from ATM machines around Europe, authorities in Sofia said Tuesday. A total of 41 Bulgarians, six Italians and

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