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Archive for the May 5, 2017

    • News Desk
    • May 5th, 2017
    • Comments Off on UBL, Punjab government sign agreement

    UBL recently joined hands with The Government of Punjab for the provision of subsidized loans to small farmers under Government of Punjab's 'Empowerment of Kissan Through Digital & Financial Inclusion' Facility. A signing ceremony was

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    • News Desk
    • May 5th, 2017
    • Comments Off on International Firefighters Day observed

    Like other parts of the globe, the International Firefighters Day-2017 was marked here on Thursday to pay tribute to the firefighters who rendered their lives while serving their communities and also to raise awareness among

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    • News Desk
    • May 5th, 2017
    • Comments Off on Pak-Iran banking channel to boost trade up to $5 billion: FPCCI

    The State Bank of Pakistan will soon select some Pakistani banks to facilitate bilateral trade with Iran to the level of US$ 5 billion in a year, President Federation of Pakistan Chambers of Commerce and

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  • Shanghai Futures Exchange copper fell 3.2 percent to 45,180 yuan ($6,551) a tonne on Thursday. Shanghai zinc and nickel were also hit hard, falling 3 percent and more than 4 percent respectively and tracking weakness

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    • News Desk
    • May 5th, 2017
    • Comments Off on Copper slides to five-month lows as inventories surge

    Copper fell to five-months lows on Thursday, posting its biggest two-day loss since July 2015, on rising inventories and worries over cooling demand. Inventories in London Metal Exchange (LME) warehouses rose nearly 33,000 tonnes on

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    • News Desk
    • May 5th, 2017
    • Comments Off on Oil dives five percent; Opec looks unlikely to deepen output cuts

    Oil prices tumbled about 5 percent on Thursday, breaking below $50 a barrel to the lowest since late November on signs that Opec and other producing countries would not take more drastic steps to reduce

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    • News Desk
    • May 5th, 2017
    • Comments Off on Honduras coffee exports jump 62 percent in March

    Coffee exports from Honduras jumped 62 percent in March, compared with the same month last season, the national coffee institute, or IHCAFE, said on Monday, citing increased production. Shipments from the largest coffee exporter in

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  • The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 750.00 +5.00 June 2017 740.00 +5.00 July 2017 735.00 +5.00 August 2017/October 2017 725.00 +0.00

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  • The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT: SOYOIL EU degummed: euro tonne fob exmill May 2017 750.00 +5.00 June 2017 740.00 +5.00 July 2017 735.00 +5.00 August 2017/October 2017 725.00 +0.00

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    • News Desk
    • May 5th, 2017
    • Comments Off on Palm oil rebounds on weaker ringgit, stronger soyaoil

    Malaysian palm oil futures bounced back on Thursday, after recording their sharpest fall in a week in the previous session, helped by a weaker ringgit and stronger performing soyaoil. The ringgit, palm oil's traded currency,

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