Archive for  September 2019
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Brent crude oil prices rose more than 1% on Thursday on fears of longer-than-expected supply shortfalls following Saturday's attacks on a key Saudi Arabian oil processing facility and escalating tensions in the Middle East. Global
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Malaysian palm oil futures extended losses on Thursday due to a drop in related vegetable oils and weak exports, though a weaker ringgit restricted the downside. The benchmark palm oil contract for November delivery on
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Gold prices were little changed on Thursday after a sharp fall in the previous session as a lack of clarity in the US Federal Reserve's monetary policy outlook kept investors cautious. The Fed lowered interest
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Gold prices gained on Thursday, helped by a weaker dollar and as investors looked for clarity on future US interest rates after the Federal Reserve on Wednesday signaled a higher bar to further reductions in
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Cotton prices inched down on Thursday as top consumer China canceled orders of US fiber and on forecast for a bumper harvest, although losses were limited by data showing higher US export sales. Cotton contracts
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Tokyo Commodity Exchange (TOCOM) futures edged lower on Thursday, tracking weakness in Shanghai futures. The benchmark TOCOM rubber contract for February delivery finished 0.5 yen ($0.0046) lower at 169.8 yen per kg. The most-active rubber
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Palladium peaked to an all-time high on Thursday, while gold gained on a weaker dollar and as investors looked for clarity on future US interest rates after the Federal Reserve on Wednesday signaled a higher
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Federal Minister for Maritime Affairs Syed Ali Haider Zaidi has said that shipping has been classified a strategic industry and newly registered vessels in Pakistan would be given more incentives including tax exemptions till 2030.
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Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain has expressed concern that an increase of five dollars in world oil price will increase oil import bill by $1.25 billion as Pakistan's 26 percent
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The debrief session of Pakistan Navy's war game SHAMSHEER-E-BAHR VII and Logistic Exercise TARSEEL-E-BAHAR II was held at Karachi. Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi graced the occasion as Chief Guest. Upon
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