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Oil prices rise in Asian trade

Source: The News | 13-03-2013

il prices rose in Asian trade Wednesday, cheered by another record close for equities on the Dow Jones index that indicate confidence in the US economy, analysts said.

New York's main contract, light sweet crude for delivery in April gained 21 cents to $92.75 a barrel and Brent North Sea crude for April delivery increased six cents to $109.71.

Oil prices up in Asia on Middle East concerns

Source: Dunya News | 18-06-2013

SINGAPORE: Oil prices rose in Asian trade on Tuesday, fuelled by growing concern over the Syrian conflict and political unrest in Turkey, analysts said. New York s main contract, light sweet crude for delivery in July, gained five cents to $97.82 a barrel and Brent North Sea crude for August delivery added three cents to $105.50. "I..... Read more

Amnesty scheme encouraged non-taxpayers: Dealers body

Source: The Nation | 07-03-2013

The amnesty scheme for smuggled vehicles would not go well for the local automobile manufacturers, as this move would encourage unlawful activities in the country. “The amnesty scheme to allow owners of non-customs paid vehicles to legalize their smuggled cars by March 31 after paying nominal duty and taxes will promote unlawful activities in the co..... Read more

Dollar mostly higher despite weak US home sales data

Source: GeoNews | 22-02-2014

The dollar slipped against the euro but gained against other major currencies Friday as investors appeared to shrug off another disappointing report on the US housing market. The euro traded at $1.3734 around 2300 GMT, up from $1.3721 late Thursday.The dollar rose to 102.49 yen from 102.30 yen. The euro also advanced against the Japanese currency, to 1..... Read more

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