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China data boosts world stocks and commodities, oil jumps

LONDON: World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while US oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply. Asian shares rallied to a decade high after figures showed China’s producer prices beat market expectations to rise 6.9 percent in September from a year earlier. Copper hit three-year highs. Prices of iron ore and coke, key ingredients in steel-making, jumped with Dalian iron ore futures,…

PM Sharif visits Islamabad markets

ISLAMABAD: Prime Minister, Nawaz Sharif on Sunday visited Aabpara and G-10 markets, where he listened to day-to-day problems faced by the people and inquired about the rates of different commodities from the shopkeepers, ARY News reported.