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BUSINESS NEWS |
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Oil races further higher
The price of oil rocketed to a record high of $127.82 per barrel on Friday, as US President George W. Bush prepared to urge Saudi Arabia to pump more crude, analysts said.
Friday’s record run for New York’s light sweet crude beat the previous al
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Stocks suffer massive losses on political turmoil
The share market remained under pressure on Friday as investors liquidated their long positions on the blue chips counters amid growing fears of political confrontation among the contenders of power on some core issues and doubts about the econom
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Stocks suffer massive losses on political turmoil
The share market remained under pressure on Friday as investors liquidated their long positions on the blue chips counters amid growing fears of political confrontation among the contenders of power on some core issues and doubts about the econom
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Water shortage endangers cotton sowing
Cotton sowing in the country depicts a disastrous situation with water shortage in the crop areas ranging between 26 to 77 per cent, especially in southern Punjab, which produces over 85 per cent of national yield.
Four southern districts of P
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Malaysian palm oil gains
Malaysian crude palm oil futures rose 1.3 per cent on Friday on a strong rebound in vegoils and hopes that an industry conference in Jakarta would yield a bullish crop of news, traders said.
Palm oil futures, which have gained 17 per cent so far
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