Business & Finance SBP injects Rs 2416.5bn into market KARACHI: State Bank of Pakistan on Friday injected Rs 2416.5 billion into money market for seven days as reverse repo pu Published 09 Aug, 2019 12:50pm
Markets Petrobras delays delivery of bids for LPG unit to next week RIO DE JANEIRO: Brazil's state-controlled oil company Petroleo Brasileiro SA has delayed until next week the delivery of Published 08 Aug, 2019 01:07pm
Markets US Treasury yields rise further as jobless claims fall NEW YORK: US Treasury yields climbed further on Thursday with 30-year yield rising above 2.25pc as an unexpected drop in Published 08 Aug, 2019 01:02pm
Business & Finance Indonesia central bank may cut rates again soon if markets stabilise JAKARTA: Indonesia's central bank may be able to cut its benchmark interest rate again if financial markets stabilise, a Published 08 Aug, 2019 12:53pm
World US weekly jobless claims fall; labor market strong WASHINGTON: The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggestin Published 08 Aug, 2019 12:51pm
Markets CBOT wheat to test resistance at $4.94-3/4 SINGAPORE: CBOT September wheat is expected to test a resistance at $4.94-3/4 per bushel, a break above which could lead Published 08 Aug, 2019 12:39pm
Markets CBOT corn poised to break resistance at $4.06-1/4 SINGAPORE: CBOT September corn is poised to break a resistance at $4.06-1/4 per bushel and rise towards the next resista Published 08 Aug, 2019 12:37pm
Business & Finance Toshiba Memory posts Q1 loss on plant suspension, chip downturn TOKYO: Japan's Toshiba Memory, the world's No.2 producer of NAND flash memory chips, on Thursday reported a bigger loss Published 08 Aug, 2019 12:34pm
World Ukraine president plans to implement land reform this year KIEV: President Volodymyr Zelenskiy said on Thursday that Ukraine will implement land reform this year and that his gove Published 08 Aug, 2019 12:21pm
Markets UK GAS-Prices fall as high wind power depresses demand British wholesale gas prices fell on Thursday as sharply higher wind power generation weighed on gas-for-power demand in Published 08 Aug, 2019 12:20pm
Markets Turkish lira at strongest level in four months, outpacing EMs ISTANBUL: The Turkish lira continued its winning run against peers on Thursday, firming 0.5pc to its strongest level sin Published 08 Aug, 2019 12:19pm
Markets Sterling's rebound is not a game changer, analysts say LONDON: Sterling gained as some risk appetite returned to financial markets on Thursday, but it remains near 2017, lows Published 08 Aug, 2019 12:17pm
Business & Finance Standard Bank aims to build on success of Africa strategy JOHANNESBURG: Africa's largest bank by assets, Standard Bank, could consider expansion into new markets - possibly via a Published 08 Aug, 2019 12:15pm
Markets South Africa's rand steadies after hitting 11-month low South Africa's rand rose in early trade on Thursday, steadying after a week-long losing run that saw it sink to a 11-mon Published 08 Aug, 2019 12:13pm
Markets Rouble strengthens as oil prices jump, EM currencies regain ground MOSCOW: The Russian rouble strengthened versus the dollar on Thursday after hitting a three-month low late the previous Published 08 Aug, 2019 12:11pm
Business & Finance Romania's central bank says keeps 2019 CPI forecast unchanged BUCHAREST: Romania's central bank kept its annual inflation forecast for this year unchanged at 4.2pc but upped the 2020 Published 08 Aug, 2019 12:10pm
Business & Finance Philippine central bank cuts rates as growth falters, opens door for more easing MANILA: The Philippine central bank cut its benchmark interest rate on Thursday and kept the door open for further easin Published 08 Aug, 2019 12:08pm
Markets Oil rises due to firm yuan, expectations of more OPEC cuts LONDON: Oil jumped more than $1 a barrel on Thursday due to expectations that falling prices may lead to production cuts Published 08 Aug, 2019 12:07pm
Markets Oil jumps on expectations producers may cut supply after 4pc slump SINGAPORE: Oil futures jumped more than $1 a barrel on Thursday, recovering half of the nearly 5pc losses in the previou Published 08 Aug, 2019 12:06pm
Markets New York coffee may rise to $0.9935 SINGAPORE: New York September coffee may break a resistance at $0.9740 per lb and rise to $0.9935, as a downtrend from $ Published 08 Aug, 2019 12:04pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points