Markets South Africa's rand hits 7-week low as trade tensions heat up JOHANNESBURG: South Africa's rand slipped to seven-week lows against the dollar on Monday, as prospects of a sharp e Published 05 Aug, 2019 04:07pm
Markets Rouble pares losses after sanctions-driven sell-off MOSCOW: The rouble gained on Monday, recovering some of its losses last week, which were triggered by new US sanctions a Published 05 Aug, 2019 04:07pm
Markets Oil down more than 1.5pc as trade war concerns hit demand outlook LONDON: Oil prices fell on Monday on global growth concerns after US President Donald Trump last week threatened China w Published 05 Aug, 2019 04:06pm
Markets Ivory coast cocoa arrivals rise to 2.138mn T by Aug. 4 - exporters ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached 2.138 million tonnes for the Oct. 1, 2018 - Aug. 4 pe Published 05 Aug, 2019 04:06pm
Markets Gold soars 2pc as trade worries trigger flight to safety Gold surged 2% on Monday to its highest level in more than six years as a worsening US-China trade conflict prompted Published 05 Aug, 2019 04:05pm
Markets European govt bonds rally as China ups stakes in trade war LONDON: Dutch 30-year and Irish 10-year government bond yields turned negative for the first time on Monday as euro zone Published 05 Aug, 2019 04:05pm
Markets EU 2019/20 soybean imports up 9pc, soymeal up 16pc by Aug. 4 PARIS: European Union soybean imports in the 2019/20 season that started on July 1 had reached 1.4 million tonnes by Aug Published 05 Aug, 2019 04:04pm
Markets Coffee hits 1-1/2 month low on excess supplies, weak real; sugar, cocoa slide LONDON: Coffee prices on ICE hit their lowest in 1-1/2 months on Monday as the real fell versus the dollar and investors Published 05 Aug, 2019 04:04pm
Markets Bahrain tendering to buy 25,000 tonnes wheat - trade HAMBURG: An importer in Bahrain has issued an international tender to purchase 25,000 tonnes of wheat, European traders Published 05 Aug, 2019 04:04pm
Markets Argentine peso weakens 1.74pc on local election and global trade jitters -traders BUENOS AIRES: Argentina's peso currency fell 1.74% on Monday to 45.46 per US dollar because of uncertainty over the coun Published 05 Aug, 2019 04:03pm
Markets Algeria tenders to buy about 40,000 tonnes corn -trade PARIS/HAMBURG: Algerian state agency ONAB has issued an international tender to purchase about 40,000 tonnes of corn, Eu Published 05 Aug, 2019 04:03pm
Business & Finance Walmart's Flipkart to add free movies, videos streaming to its app BENGALURU: Walmart Inc's Indian unit Flipkart is set to roll out a free video service for all of its 160 million custome Published 05 Aug, 2019 02:44pm
Markets Wall St headed lower as yuan slide deepens trade fears US stock index futures pointed to more losses on Monday as China's yuan hit its lowest in a decade, spurring a continuat Published 05 Aug, 2019 02:43pm
World UK PM Johnson's spokesman: We leave EU on Oct. 31 LONDON: Britain will be leaving the European Union on Oct. 31 no matter what, Prime minister Boris Johnson's spokesman s Published 05 Aug, 2019 02:43pm
Markets UK bond yields hit record lows on trade war and Brexit fears LONDON: British 10-year government bond yields fell to a record low below 0.5pc on Monday, benefiting from a global rall Published 05 Aug, 2019 02:42pm
Business & Finance Turkish state banks allocate 5.2bn lira credit limit for companies ISTANBUL: Three Turkish state lenders said on Monday they extended 1.7 billion lira ($306 million) in loans to Turkish c Published 05 Aug, 2019 02:41pm
World Trump says China's currency move is 'a major violation' WASHINGTON: US President Donald Trump slammed China's currency move on Monday as Beijing let the yuan breach the key sev Published 05 Aug, 2019 02:40pm
World Trump calls on US lawmakers to pass gun background check law WASHINGTON: US President Donald Trump on Monday called on lawmakers to pass legislation requiring strong background chec Published 05 Aug, 2019 02:40pm
Business & Finance Swiss central bank continues interventions to tame franc ZURICH: The Swiss National Bank appeared to be buying foreign currency again last week as escalating trade tensions push Published 05 Aug, 2019 02:39pm
Markets Sugar falls amid excess supplies, trade tensions; coffee, cocoa slide LONDON: Raw sugar prices on ICE fell on Monday as persistent trade war fears sent global investors scrambling for safe-h Published 05 Aug, 2019 02:38pm