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Markets » Libor

Cotton prices suffer decline
Libor

Cotton prices suffer decline

Cotton prices came under pressure this week in the domestic market due to several reasons. Mills are facing slow demand of yarn while cost of doing business has gone up. Particularly, the All Pakistan Textile Mills Association (APTMA) has sent an urgent m
Published 29 May, 2015 12:00am
Cotton prices maintain high levels
Cotton

Cotton prices maintain high levels

With depleting stocks from the current season (August 2014/July 2015) leaving only 125,000 to 150,000 unsold bales in the market, lint prices were firm to steady this week. Despite weaker advices from New York and India, domestic cotton prices were mostly
Published 22 May, 2015 12:00am
Cotton prices maintain high levels
Libor

Cotton prices maintain high levels

With depleting stocks from the current season (August 2014/July 2015) leaving only 125,000 to 150,000 unsold bales in the market, lint prices were firm to steady this week. Despite weaker advices from New York and India, domestic cotton prices were mostly
Published 22 May, 2015 12:00am
Long clean-up, fading hope after Colombia landslide
Libor

Long clean-up, fading hope after Colombia landslide

Residents of the Colombian town hit by a massive landslide began a difficult clean-up Tuesday, as rescuers resumed the increasingly hopeless search for those still missing after a disaster that claimed at least 64 lives. After spending the night in shelte
Published 20 May, 2015 12:00am
US SEC a stumbling block in banks' forex guilty pleas
Currency

US SEC a stumbling block in banks' forex guilty pleas

Banks want assurances from US regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange rates, causing a delay in multibillion-dollar settlements, people f
Published 17 May, 2015 12:00am
Barclays approaches tolerable end to FX limbo
Libor

Barclays approaches tolerable end to FX limbo

Barclays' largest regulatory overhang looks to be entering its endgame. The UK bank is close to a deal with regulators for manipulating foreign exchange rates, Reuters reported on May 11. If forecasts of a 2 billion pound fine are accurate, investors' mai
Published 17 May, 2015 12:00am