image
image
image
 
 
 

 

You are here:  Home   |   Business   |   Market

 

Thursday 30, October 2014

 
 
 




 

Market


Dollar up in Asia on Fed’s bullish tone

By: Web Desk, Uploaded: 30th October 2014

Dollar up in Asia on Fed’s bullish tone TOKYO- The dollar rose in Asia on Thursday as a slightly bullish turn by the US Federal Reserve fuelled hopes for an early rise in US interest rates. The greenback hit a three-week high of 109.08 yen in afternoon trade, up from 108.90 yen in New York and 108.12 yen in Tokyo earlier Wednesday. The...


Oil prices down in Asian trade

By: Web Desk, Uploaded: 30th October 2014

Oil prices down in Asian trade SINGAPORE- Oil prices edged lower in Asia Thursday but losses were limited by a surprisingly upbeat assessment of the US economy by the Federal Reserve, analysts said. US benchmark West Texas Intermediate (WTI) for December delivery eased 30 cents to $81.90 while Brent crude for December fell 23 cents to $86.89 in afternoon trade. “Crude...


Asia shares mixed after Fed decision

By: Web Desk, Uploaded: 30th October 2014

Asia shares mixed after Fed decision HONG KONG- Asian markets were mixed Thursday while the dollar resumed its upward march against the yen after the Federal Reserve wound up its vast bond-buying scheme and reiterated its plan to keep interest rates at record lows. Tokyo rose 0.67 percent, or 104.29 points, to 15,658.20 and Sydney added 0.52 percent, or 28.52 points,...


Exchange rates for Currency notes

By: Web Desk, Uploaded: 29th October 2014

Exchange rates for Currency notes Selling Buying U.S.A 104.03                         101.56 S.ARABIA 27.59             27.19 U.K 167.86          163.88 JAPAN 0.9618          0.9385 EURO 132.49          129.35 U.A.E 28.32              27.08 LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS LIBOR VALUE 6 Mths US Dollar 0.3227 29-10-2014 INTEREST RATES ON OLD & INCREMENTAL F.C.Y DEPOSITS...


Singapore, New Zealand, Hong Kong best for business

By: Web Desk, Uploaded: 29th October 2014

Singapore, New Zealand, Hong Kong best for business WASHINGTON- Small and well-run Singapore, New Zealand and Hong Kong are the world’s easiest places to run a business, while global giants China, Brazil and India remain far down the list, according the World Bank. Three small but hot Pacific economies led the Bank’s annual “Doing Business” report, released Wednesday, which focuses on where businesses...


Asia shares rise as Fed meeting wraps up

By: Web Desk, Uploaded: 29th October 2014

Asia shares rise as Fed meeting wraps up HONG KONG- Asian markets rose Wednesday following strong gains on Wall Street, as traders awaited news from the US Federal Reserve about interest rate plans for the world’s largest economy. Tokyo stocks rose 1.38 percent by the break, Hong Kong was up 0.88 percent, Shanghai gained 0.36 percent and Seoul climbed 1.16 percent. Sydney edged...


Oil prices up ahead of Fed outcome, supply report

By: Web Desk, Uploaded: 29th October 2014

Oil prices up ahead of Fed outcome, supply report SINGAPORE- Oil prices rose in Asia Wednesday as dealers await the outcome of a US Federal Reserve meeting and the latest US supply report. US benchmark West Texas Intermediate for December delivery rose 26 cents to $81.68 while Brent crude for December was up 20 cents at $86.23 in mid-morning trade. “The focus is clearly...


Bullion prices on Tuesday

By: Web Desk, Uploaded: 28th October 2014

Bullion prices on Tuesday KARACHI: Following were the bullion prices in Karachi and Multan on Tuesday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT    Rs   41657 Silver Tezabi              Rs     630.00 MULTAN:  (per 10 gram) Gold Tezabi-24 CT   Rs   41230.00 Gold 22 CT                Rs   37700.00 Silver Tezabi...


European stocks open higher

By: Web Desk, Uploaded: 28th October 2014

European stocks open higher LONDON: European stock markets opened with solid gains on Tuesday, as London’s benchmark FTSE 100 index grew 0.65 percent to 6,404.52 points. Frankfurt’s DAX 30 jumped 0.90 percent to 8,983.06 points and in Paris the CAC 40 climbed 0.26 percent to stand at 4,107.57 compared with Monday’s closing value. Europe’s main stock markets had fallen...


Oil extends losses over weak price outlook

By: Web Desk, Uploaded: 28th October 2014

Oil extends losses over weak price outlook SINGAPORE- Oil moved lower in Asian trade Tuesday after Goldman Sachs slashed its price forecasts for the next two years owing to a global supply glut. US benchmark West Texas Intermediate (WTI) for December delivery fell 46 cents to $80.54 while Brent crude for December eased 59 cents to $85.24 in mid-morning trade. “We continue...


Asia markets mixed, eyes on Fed meeting

By: Web Desk, Uploaded: 28th October 2014

Asia markets mixed, eyes on Fed meeting HONG KONG- Asian markets were mixed Tuesday ahead of the US Federal Reserve’s next policy meeting, which will be scrutinized for an idea of what its plans are for interest rates. Wall Street provided little direction as investors took a breather after last week’s strong performance across all three main indexes. Tokyo was down 0.76...


Dollar steady in Asia before Fed meeting

By: Web Desk, Uploaded: 28th October 2014

Dollar steady in Asia before Fed meeting TOKYO- The dollar held steady in Asia on Tuesday before the US Federal Reserve starts a two-day policy meeting that is expected to see it wind up its six-year-old stimulus programme. The greenback edged up to 107.84 yen in late morning Tokyo trade from 107.78 yen in New York. The euro firmed to $1.2713 and...


Kerb currency market

By: Web Desk, Uploaded: 27th October 2014

Kerb currency market KARACHI: Following were the closing rates of foreign currencies in kerb market, issued by Forex Association of Pakistan (FAP) here on Monday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank)                    103.15                   103.25 U.S $ (Cash Free...


Bullion prices on Monday

By: Web Desk, Uploaded: 27th October 2014

Bullion prices on Monday KARACHI: Following were the bullion prices in Karachi and Multan on Monday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT             Rs   41742 Silver Tezabi                       Rs     625.71 MULTAN:  (per 10 gram) Gold Tezabi-24 CT            Rs   41320.00 Gold 22 CT                           Rs   37780.00 Silver Tezabi                       Rs     643.00 Silver Thobi                         Rs     610.00 Source:...


Demand for loans in eurozone slowly stabilizing: ECB data

By: Web Desk, Uploaded: 27th October 2014

Demand for loans in eurozone slowly stabilizing: ECB data FRANKFURT- A day after the European Central Bank gave most eurozone banks a clean bill of health, new data were published suggesting that depressed demand for loans in the single currency area could be stabilizing. The ECB compiles monthly statistics on loans to the private sector, which are a key gauge of economic health and...


Asia mainly up, China slips as stock trading scheme falters

By: Web Desk, Uploaded: 27th October 2014

Asia mainly up, China slips as stock trading scheme falters HONG KONG- Asian markets were mainly up Monday after the majority of eurozone banks were given a clean bill of health by the European Central Bank, but China was hit by the postponement of a planned stock-trading connection between Hong Kong and Shanghai. Tokyo was up 0.37 percent by the break, Seoul climbed 0.42 percent,...


Oil mixed in Asian trade

By: Web Desk, Uploaded: 27th October 2014

Oil mixed in Asian trade SINGAPORE- Oil was mixed in Asian trade Monday but remained subdued with no signs the world’s key crude producers will cut output in the face of a supply glut, analysts said. US benchmark West Texas Intermediate for delivery in December was up one cent to $81.02 a barrel in late-morning Asian trade, reversing earlier losses,...


Euro rises on relief over ECB health test

By: Web Desk, Uploaded: 27th October 2014

Euro rises on relief over ECB health test TOKYO- The euro firmed against other major currencies in Asia on Monday after the European Central Bank gave a large majority of banks in the region a clean bill of health. The common currency rose to $1.2690 and 137.06 yen in Tokyo morning trade from $1.2666 and 136.97 yen in New York Friday afternoon. The...


LPG price reduced by Rs 25 per kilogram

By: Web Desk, Uploaded: 26th October 2014

LPG price reduced by Rs 25 per kilogram ISLAMABAD: Liquefied Petroleum Gas (LPG) marketing companies on Sunday reduced price of LPG by Rs 25 per kilogram, Rs.300 in domestic and Rs 1200 commercial cylinder. On the assurance of Chairman Oil and Gas Regularity Authority OGRA regarding the decrease in prices, LPG Distributors Association has decided to take back the call of strike. Companies...


Rates for conversion of FCD, DBC, FCBC, US dollar bonds

By: Web Desk, Uploaded: 24th October 2014

Rates for conversion of FCD, DBC, FCBC, US dollar bonds KARACHI:  The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E- 25 deposits) by the State Bank on October 27, 2014. The rates...


GLOBAL MARKETS-Stocks jump on U.S. corporate results, bonds fall

By: Web Desk, Uploaded: 24th October 2014

GLOBAL MARKETS-Stocks jump on U.S. corporate results, bonds fall NEW YORK: Global equity markets rose on Thursday, with stocks on Wall Street climbing more than 1 percent as U.S. corporate earnings continued to beat expectations, while government debt prices slid on stronger American and German economic reports. Results from Caterpillar Inc and 3M Co, both Dow components, reassured investors that companies with large overseas...


US automaker Ford starts luxury Lincoln sales in China

By: Web Desk, Uploaded: 24th October 2014

US automaker Ford starts luxury Lincoln sales in China SHANGHAI: US automaker Ford has launched its first vehicles under the luxury Lincoln brand in China, the company said, as it seeks to make inroads into a market dominated by German cars. Ford announced in April that it would begin Lincoln sales in China in the autumn, adding to its other passenger car and commercial...


Asia shares slip on profit-taking

By: Web Desk, Uploaded: 23rd October 2014

Asia shares slip on profit-taking HONG KONG- Asian markets slipped on profit-taking Thursday following the previous day’s hefty gains but losses were limited after a closely watched indicator showed a slight pick-up in Chinese manufacturing activity. The dollar edged up following a surprising rise in US inflation while the euro faced fresh selling pressure owing to speculation that the European...


Oil prices down in Asia

By: Web Desk, Uploaded: 23rd October 2014

Oil prices down in Asia SINGAPORE- Oil prices tanked further in Asian trade Thursday as a crude supply glut overshadowed news that China’s key manufacturing sector picked up slightly, analysts said. US benchmark West Texas Intermediate (WTI) tumbled 30 cents to $80.22 a barrel in late-morning trade and Brent crude eased 34 cents to $84.37. Both contracts, already at multi-year...


Dollar firms in Asia after US inflation rise

By: Web Desk, Uploaded: 23rd October 2014

Dollar firms in Asia after US inflation rise TOKYO- The dollar firmed in Asia on Thursday after an unexpected rise in US inflation, while the euro struggled to recover as speculation swirls about further European Central Bank easing measures. In Tokyo morning trade, the dollar strengthened to 107.31 yen from 107.14 yen in New York late Wednesday. The euro was mixed at $1.2636...


Bullion prices on Wednesday

By: Web Desk, Uploaded: 22nd October 2014

Bullion prices on Wednesday KARACHI: Following were the bullion prices in Karachi and Multan on Wednesday. KARACHI:  (per 10 gram) Gold Tezabi 24 CT    Rs   42171 Silver Tezabi        Rs     642.85 MULTAN:  (per 10 gram) Gold Tezabi-24 CT   Rs   41750.00 Gold 22 CT          Rs   38170.00 Silver Tezabi       Rs     643.00 Silver Thobi        Rs     610.00 Source:...


 
 
 



 
 
 



Poll

Does Islam support education and guidance of adolescents on issues of growing up?

View Results

Loading ... Loading ...


 

 






 
 

This material may not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise stated, all content is copyrighted © Copyright 2013 AAJ NEWS. All rights reserved.