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KSE index crosses record 21,000 mark
- Tuesday, 21 May 2013
Oil prices gain for fourth straight session
- Tuesday, 21 May 2013
NEW YORK World oil prices pushed higher Monday for the fourth straight session after reversing an early sell-off chalked up to profit-taking. New York s main contract, WTI light sweet crude for June delivery, added 69 cents from Friday s close to $96.71 a barrel.Brent North Sea crude for delivery in July gained 16 cents to $104.80 a barrel in London. It is a very quiet day in the markets due to holidays across several European countries while economic data is non-existent, meaning crude oil is driven more by technical buying and
Dollar turns higher against Yen
- Tuesday, 21 May 2013
TOKYO The dollar turned higher against the yen in Asia on Tuesday as investors waited for testimony by the US central bank chief and the outcome of a policy meeting of the Japanese central bank. The dollar was changing hands at 102.52 yen in Tokyo afternoon trade, up from 102.26 yen in New York late Monday. The euro rose to 132.11 yen from 131.76 yen in New York while edging upward to $1.2886 from $1.2884.The dollar had weakened in early trade but rebounded after investors
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