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Archive for the January 11, 2018

    • News Desk
    • Jan 11th, 2018
    • Comments Off on Palm oil up nearly 1 percent on stronger export data

    Malaysian palm oil futures rose nearly 1 percent on Wednesday, rebounding from a sharp drop in the previous session, as strong export data from a cargo surveyor supported market gains. Palm oil was up earlier

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    • News Desk
    • Jan 11th, 2018
    • Comments Off on New York cocoa climbs to one-month high, sugar slips

    New York cocoa futures rose to a one-month high on Wednesday, boosted partially by expectations that upcoming fourth quarter grind data will provide further evidence that demand is beginning to increase. March New York cocoa

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  • Gold edged lower on Tuesday, weighed down by a stronger US dollar on the back of concerns about political uncertainty in Europe, while a buoyant stock market also drained enthusiasm for bullion. Palladium, meanwhile, recorded

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  • Gold prices edged down on Wednesday as a surge in US treasury yields and an ongoing rally in equities dented the precious metal's safe-haven appeal. Spot gold was down 0.2 percent at $1,310.16 an ounce

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  • Gold jumped to its highest in nearly four months on Wednesday as a report that Chinese officials had recommended slowing or halting US Treasury purchases sparked a broad-based drop in the dollar, lifting assets priced

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    • News Desk
    • Jan 11th, 2018
    • Comments Off on Brazil’s Mato Grosso kicks off good soya harvest

    Early harvesting in Brazil's Mato Grosso state indicates soya producers had a good start to the year, growers association Aprosoja told Reuters on Friday. Work began in the regions of Sinop, Sapezal and Primavera do

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  • Gold rose on Wednesday, hitting its highest in nearly four months as the dollar swooned after a report that Chinese officials had recommended slowing or halting purchases of US Treasury securities. The dollar, already under

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    • News Desk
    • Jan 11th, 2018
    • Comments Off on ‘Nominal rate of return’ remains unchanged: SECP

    The Securities and Exchange Commission of Pakistan (SECP) Wednesday conveyed to the insurance sector that no change has been made in the nominal rate of return and inflation adjusted rate of return during 2018 to

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  • A leading US-based company has shown interest for investment in Pakistan in the wake of opportunities offered by the China-Pakistan Economic Corridor (CPEC). A high-level eight-member delegation of the US-based international company, World Technological &

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    • News Desk
    • Jan 11th, 2018
    • Comments Off on LHC ruling: IR commissioners can neither issue show-cause, nor assessment order

    The Lahore High Court has held that deputy commissioner and assistant commissioner of Inland Revenue can neither issue show-cause notice under section 11 of the Sales Tax Act, 1990 nor pass assessment order against the

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