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Oil up in Asia

Source: The News | 15-03-2013

Oil prices rose in Asian trade Friday as a weaker US currency made the dollar-priced commodity cheaper and spurred demand, analysts said.

Upbeat employment data in the United States also buoyed sentiment and fuelled hopes demand will improve in the world's biggest oil consuming nation, they said.New York's main contract, light sweet crude for delivery in April was up 15 cents to $93.21 a barrel in morning trade and Brent North Sea crude for May gained 43 cents to $109.40.

CNG union demands uniform gas tariff to decrease rates

Source: The Nation | 09-01-2013

All Pakistan Compressed Natural Gas Association has demanded gas tariff as equal to other sectors to cut down CNG retail price, said Chairman Supreme Council APCNGA Ghiyas Paracha while addressing press conference here on Tuesday. APCNG suggested Federal Adviser Dr Asim having Canadian nationality should go back to Canada that would be better.He bl..... Read more

Dollar mixed in Asian afternoon trade

Source: Geo News | 06-08-2013

TOKYO: The dollar weakened against Australia's currency in Asia on Tuesday after the Reserve Bank of Australia cut rates to a new record low, while the US unit rebounded against the yen. The greenback fetched 98.48 yen in Tokyo afternoon trade from 98.27 yen in New York on Monday afternoon, underpinned by higher risk appetite among investors as Tokyo..... Read more

China home prices rise for third month in February

Source: Dunya News | 01-03-2013

Home prices in China rose year-on-year in February for the third consecutive month, an independent survey showed Friday, citing strong credit growth as a key factor. New home costs in 100 major cities jumped 2.48 percent from a year earlier to an average 9,893 yuan ($1,589) per square metre last month, the China Index Academy said, following rises of 1..... Read more

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