TOKYO, (APP/AFP) – Tokyo’s benchmark share index ended lower on Tuesday as markets focused on US and Japanese central bank meetings, with Takata diving on reports some potential bidders are mulling bankruptcy proceedings for it. The Bank of Japan heads Tuesday into a two-day policy meeting, with investors unsure about its plans for monetary policy […]
Business News
Tokyo shares end lower, eyes on BoJ and Fed
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Spot rates of cotton (Crop 2016-2017)
KARACHI, (APP): Karachi Cotton Association (KCA) on Tuesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 6,000 135 6,135 Equivalent 40 kgs 6,430 145 6,575
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KPT Shipping Movements Report
KARACHI, (APP): Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours on Tuesday. SHIPS SAILED: MSC Capri Shah Deniz Asia Zircon I Everrich 3 HS Wagner SHIPS BERTHED: Nord Inovation Tanker HS Wagner Container Ship KMTC Dubai Container Ship Everric 3 Tanker Europrogress. Tanker Glovis […]
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Oil prices down ahead producers’ meeting, US data
SINGAPORE, (APP/AFP) – Oil prices eased in Asia Tuesday with analysts expecting volatility in the run up to a producers’ meeting next week, while traders are also awaiting the release of US stockpiles data. The commodity plunged last week on supply glut worries but bounced slightly Monday after OPEC member Venezuela said a deal to […]
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Yen extends gains as Bank of Japan, Fed kick off meetings
TOKYO, (APP/AFP) – The yen extended its gains in Asian trading Tuesday as the Japanese and US central banks kick off their latest policy meetings. The Bank of Japan headed into a two-day gathering, with investors unsure about its plans for monetary policy as more than three years of stimulus has largely failed to boost […]
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EU tax move on Apple not anti-US bias: Vestager
WASHINGTON, (APP/AFP) – Europe’s powerful Competition Commissioner Margrethe Vestager said Monday that the EU order for Apple to pay $15 billion in taxes did not represent any bias against US companies. Speaking hours after the European Union launched an in-depth probe into alleged sweetheart tax deals between French gas group Engie and Luxembourg, Vestager said […]