Markets West Africa Crude-Angolan cargo deferred, Pertamina tender awarded LONDON: West African spot trade was muted on Wednesday but differentials were still supported by a spike in gasoline mar Published 10 Jul, 2019 07:05pm
Top News Pakistan receives its first tranche from IMF KARACHI: The State Bank of Pakistan (SBP) on Tuesday night received some one billion dollar from International Monetary Published 10 Jul, 2019 12:00am
Top News Any disruption to oil exports through Hormuz will be ‘major obstacle’ to Iraq's economy: PM BAGHDAD: Iraqi Prime Minister Adel Abdul Mahdi said on Tuesday any disruption to oil exports through the Hormuz Strait w Published 09 Jul, 2019 11:00pm
Markets Australia shares set to advance at open; NZ up Australian shares are poised to open higher on Wednesday, as energy and mining stocks are seen gaining from a rise in oi Published 09 Jul, 2019 10:48pm
Business & Finance Airbus confirms deliveries rose 28pc in first half of 2019 PARIS: Airbus confirmed on Tuesday that its deliveries rose by 28pc in the first half of the year, putting it ahead of B Published 09 Jul, 2019 10:02pm
Markets CBOT soybeans close higher, rallying on US crop uncertainty CHICAGO: Chicago Board of Trade (CBOT) soybean futures closed higher on Tuesday, rallying from early declines on support Published 09 Jul, 2019 10:01pm
Markets US natural gas futures rise to 5-week high on higher demand forecasts US natural gas futures edged up to a five-week high on Tuesday on forecasts for a little hotter weather and a bit more c Published 09 Jul, 2019 09:59pm
Markets SOFTS-Arabica coffee prices climb, cocoa falls LONDON: Arabica coffee futures on ICE climbed on Tuesday, regaining some ground following steep losses in the previous s Published 09 Jul, 2019 09:48pm
Business & Finance Huawei says Brazil on target with 5G tests, but falling behind neighbors SAO PAULO: China's Huawei Technologies Co Ltd expects to lead 5G development in Brazil, but sees some challenges for the Published 09 Jul, 2019 09:46pm
Markets US yields tick up, curve flattens as market awaits Fed NEW YORK: US Treasury yields ticked up on Tuesday in muted trading ahead of the release of June's Federal Reserve meetin Published 09 Jul, 2019 09:44pm
World Britain's PM hopefuls battle over Brexit in bad-tempered debate MANCHESTER: Boris Johnson and Jeremy Hunt, rivals to become Britain's next prime minister, clashed over who could be mos Published 09 Jul, 2019 09:42pm
Markets S&P 500 ekes out gain though profit worries weigh NEW YORK: The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset worries about a weaken Published 09 Jul, 2019 09:40pm
Markets Loonie hits one-week low on risk of dovish shift TORONTO: The Canadian dollar weakened to an eight-day low against its US counterpart on Tuesday as the greenback broadly Published 09 Jul, 2019 09:36pm
Business & Finance Canadian housing starts surge 26pc in June TORONTO: Canadian housing starts rose much more than expected in June compared with the previous month, led by groundbre Published 09 Jul, 2019 09:20pm
Markets Stocks drop for third day, BASF warning stings Europe LONDON: World stocks fell for a third straight day on Tuesday after a stinging warning from German chemicals giant BASF Published 09 Jul, 2019 09:18pm
Markets Kuwait Petroleum hires NBK Capital to advise on $2bn financing KUWAIT: Kuwait Petroleum Corp has hired NBK Capital to advise it on a financing of around $2 billion that is likely to c Published 09 Jul, 2019 09:17pm
Markets India says Indonesia assures to cut tariffs on sugar NEW DELHI: Indonesia will cut tariffs on sugar from India as part of efforts to help facilitate imports of the sweetener Published 09 Jul, 2019 09:15pm
Markets European refiners cut crude intake in June LONDON: European refineries cut their crude oil processing by 4.8pc in June compared with the same time last year, Euroi Published 09 Jul, 2019 09:14pm
World US expects China to buy farm products amid ongoing trade talks WASHINGTON: White House economic adviser Larry Kudlow on Tuesday said China was expected to move forward with agricultur Published 09 Jul, 2019 09:13pm
Markets CBOT Trends - Corn down 7-9 cents, wheat down 6-8 cents, soy down 4-6 cents CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board of Tr Published 09 Jul, 2019 09:12pm