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Archive for the February 21, 2018

    • News Desk
    • Feb 21st, 2018
    • Comments Off on Argentine soya crop estimates likely to 50 million tonnes

    The drought afflicting Argentina since November has shriveled soya yields to the point that analysts and farmers have slashed harvest estimates by about 10 million tonnes, with final crop forecasts consolidating under the 50 million

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    • News Desk
    • Feb 21st, 2018
    • Comments Off on Activities at Karachi and Qasim ports

    The Karachi Port handled 137,464 tonnes of cargo comprising 110,019 tonnes of import cargo and 27,445 tonnes of export cargo including 3,490 loaded and empty containers during the last 24 hours ending at 0700 hours

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    • News Desk
    • Feb 21st, 2018
    • Comments Off on Volume of business rises on cotton market

    Trading activity showed significant increase on the cotton market on Tuesday as spinners finalised deals in a big way on the lower rates, dealers said. The official spot rate halted further decline, held the last

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    • News Desk
    • Feb 21st, 2018
    • Comments Off on Brazil’s soya crop seen at record 115.6 million tonnes

    Brazil's 2017/18 soyabean crop is expected to reach 115.6 million tonnes, a record volume, 1.2 percent above the previous record last year of 114.2 million tonnes, according to an updated forecast on Monday from consultancy

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    • News Desk
    • Feb 21st, 2018
    • Comments Off on Mining giant BHP half-year profit hit by US tax charges

    Higher commodity prices helped global mining giant BHP report a first-half net profit of US$2.02 billion on Tuesday, but the result was weighed down by a hefty charge from US tax reforms. The result for

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  • Interbank buy/sell rates for the taka against the dollar on Tuesday. 82.94-82.94 (Previous 82.94-82.94). Copyright Reuters, 2018

  • The Australian and New Zealand dollars eased on Tuesday as Asian share markets slipped into the red, while Australia's central bank again underlined the outlook for unchanged policy at home. The Aussie was a shade

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  • The dollar inched higher versus a basket of major currencies on Tuesday, clinging above a three-year low set last week, but its outlook was clouded by concerns that the ballooning US fiscal deficit could disrupt

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    • News Desk
    • Feb 21st, 2018
    • Comments Off on Early trade in New York: dollar rises against basket of currencies

    The dollar rose to a six-day high against a basket of major currencies on Tuesday, extending a rebound from a three-year low last week, as investors shrugged off worries about the U.S budget deficit and

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  • The dollar continued its rebound from three-year lows on Tuesday, on the view that the currency was due a modest correction after a sharp decline in recent weeks, and as traders eyed a large US

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