The rupee depicted no change against the dollar on the money market on Saturday, dealers said. The rupee showed no variation in relation to the dollar for buying and selling at Rs 107.10 and Rs 107.30, they said. The rupee picked up 50 paisas versus the e
The rupee depicted no change against the dollar on the money market on Saturday, dealers said. The rupee showed no variation in relation to the dollar for buying and selling at Rs 107.10 and Rs 107.30, they said. The rupee picked up 50 paisas versus the e
Gasoline refining margins in northwest Europe firmed on Thursday, boosted by strong demand in Asia and the Middle East. Heavy refinery maintenance in the Middle East and lower Indian exports to that region have boosted its interest in Europe's exports. Bu
Russia's SovEcon agriculture consultancy said on Thursday it had upgraded its forecast for Russia's 2017/18 grain exports by 500,000 tonnes, to 44.5 million tonnes, due to a fast pace for supplies earlier in the season, which started on July 1. Its estima
Basis bids for soyabeans shipped by barge to the US Gulf Coast fell on Thursday on rising supplies amid an accelerating Midwest harvest, traders said. Increased rail deliveries of soyabeans to southern river terminals for transloading onto barges weighed
Asia's naphtha crack recovered to a two-session high of $100.25 a tonne on Thursday, snapping three straight sessions of losses as raw material Brent crude prices weakened even as light fuel demand remained firm. At least three buyers, including Taiwan's
Soyameal offers on Europe's animal feeds market edged higher on Thursday, supported by firm U.S soyabean futures, but activity remained subdued with buying interest limited to nearby positions, traders said. Traders were waiting for clearer indications ab
Rice prices in India and Vietnam rose this week as prolonged periods of rainfall threatened supply in the two major exporters of the grain. India's 5 percent broken parboiled rice prices edged up by $4 to $404-$407 per tonne as heavy rainfall in key growi
Trade activity came down on the cotton market on Saturday on cautious selling by ginners, dealers said. The official spot rate was inert at Rs 6150, they said. In the ready session, over 20,000 bales of cotton changed hands between Rs 5800-6300, they said
Spot basis bids for hard red winter wheat (HRW) in the southern US Plains on Thursday were steady, a day after increased demand from flour millers drove up protein premiums, dealers said. Protein premiums for 11.40 to 13.80 percent wheat shipped to and th
Chicago Board of Trade corn futures ended fractionally higher Thursday on light bargain-buying after a three-day slide and larger-than-expected weekly export sales, traders said. CBOT December corn settled up 1/2 cent at $3.49 per bushel, paring gains in
US natural gas futures ended a day of volatile trade little changed on Thursday after earlier rising almost 2 percent and falling almost 3 percent to a two-month low. Traders and analysts said the market largely ignored a government report showing a small
Crude palm oil prices were little changed in Europe on Wednesday, with a public holiday in Malaysia limiting market participation. Asking prices for Sumatra/Malaysia crude palm oil ranged from unchanged to $2.50 a tonne higher, cif Rotterdam, and no trade
ICE Canadian canola futures rose on Thursday on a mix of light commercial and speculative buying, traders said. The bulk of the day's trading volume was spread-related, they said, as brokers rolled positions in the November contract ahead of first notice
Vietnam's harvest season is expected to commence by mid-November with output seen exceeding the previous crop, while trading was lacklustre this week in both Vietnam and Indonesia, traders said on Thursday. Farmers in Vietnam, the world's biggest robusta
Chicago Board of Trade soyabean futures rose on Thursday on export demand and light bargain buying following a three-day slide, along with renewed optimism about demand for soya-based biodiesel fuel, traders said. CBOT November soyabeans settled up 2-1/4
Chicago Board of Trade wheat futures rose Thursday on a larger-than-expected weekly US export sales tally and short-covering after a three-session slide, traders said. CBOT December wheat settled up 2-3/4 cents at $4.32-3/4 per bushel. K.C. December hard
Russian wheat export prices fell in quiet trade last week as global wheat benchmarks in Chicago and Paris declined on expectations of large crops in the main producing regions, including Russia, analysts said on Monday. Russia, one of the world's largest
Raizen Energia SA, the world's largest sugar maker, ended 2017-18 cane crushing at its Santa Helena mill, in Brazil's main cane belt, on Tuesday, ahead of the original schedule, a source with knowledge of the company's operations told Reuters on Wednesday
Euronext wheat futures ended flat on Thursday as support from a slight rebound in Chicago was offset by strength in the euro that kept attention on sluggish exports in Western Europe. December milling wheat on the Paris-based Euronext exchange settled unc
Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber T
Total insured market losses from hurricanes Harvey, Irma and Maria and two earthquakes in Mexico this year came to around $95 billion, reinsurance group Swiss Re announced Friday. The Zurich-based company estimated its own pre-tax claims burdens from thre
The global oil market is improving and stabilising as oil exporting nations are fully complying with an agreement to curb supply in order to lift crude prices, Saudi Oil Minister Khalid al-Falih said in Baghdad on Saturday. The secretary general of the Or
European Commission chief Jean-Claude Juncker said Friday he will "do everything" to secure a deal with the South American trade bloc Mercosur by the end of the year. "This will be the most important trade agreement in terms of volume," he said at a closi
European Union countries still outside the euro zone should take part in euro zone reform preparations to show the unity of the bloc and the importance of the currency, the chairman of EU leaders Donald Tusk said. In a letter to Jeroen Dijsselbloem, chair
Sri Lanka plans to restrict imports of tuk-tuks in a bid to reduce road accidents and congestion, the country's transport minister said Friday. Almost a fifth of road fatalities in Sri Lanka are caused by the ubiquitous three-wheel taxis, known locally as
General Electric's newly-installed chief executive vowed Friday to do whatever it takes to turn around the industrial giant after weak quarterly results initially sent shares plunging. "It's clear we need to make some major changes," John Flannery said. "
Croatian prosecutors said Saturday they issued an arrest warrant for the boss of ailing Balkans food and retail giant Agrokor, suspected of financial wrongdoing and currently outside the country. A police spokeswoman told AFP an international warrant for
China's economy is on track to meet its official growth target for 2017, the head of the state planning agency said on Saturday, despite a punishing war on pollution which is expected to slash industrial output over the winter months. China has forced 28
US home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a persistent dearth of properties for sale continued to weigh on overall activity. The National Association of Realtors said on Friday
Six Turkish banks face billions of dollars of fines from US authorities over alleged violations of sanctions with Iran, the Haberturk newspaper reported on Saturday, citing senior banking sources. The report could not be verified by Reuters. Two senior Tu
On the 30th anniversary of the 1987 stock market crash, US stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth. But could a repeat of "Black
London Stock Exchange Group said Thursday that its chief executive, French national Xavier Rolet, would leave the company by the end of 2018 after almost a decade in charge. It gave no reason for Rolet's move, which will precede Britain's planned formal d
The European Central Bank could buy covered bonds issued by the National Bank of Greece under its asset purchase scheme, providing indirect support for the Greek economy, according to financial sources familiar with the matter. NBG this week sold 750 mill
The European Central Bank could buy covered bonds issued by the National Bank of Greece under its asset purchase scheme, providing indirect support for the Greek economy, according to financial sources familiar with the matter. NBG this week sold 750 mill
Canada's main stock index touched its highest level in nearly eight months on Friday with broad-based gains, and notched its longest positive streak in nearly three years with a sixth straight winning week. The index mirrored Wall St, which saw the Dow Jo
Foreign investors continued to be net sellers of South Korean bonds in September, as many redeemed their holdings at maturity, official data showed on Monday. Offshore investors' bond holdings decreased by a net 3.7 trillion won ($3.28 billion) in Septemb
Foreign investors continued to be net sellers of South Korean bonds in September, as many redeemed their holdings at maturity, official data showed on Monday. Offshore investors' bond holdings decreased by a net 3.7 trillion won ($3.28 billion) in Septemb
US Treasury yields rose on Friday, with two-year yields reaching a near nine-year high, as investors reduced bond holdings on worries about more inflation and federal borrowing after the US Senate passed a budget resolution. The Senate's move late Thursda
US Treasury yields rose on Friday, with two-year yields reaching a near nine-year high, as investors reduced bond holdings on worries about more inflation and federal borrowing after the US Senate passed a budget resolution. The Senate's move late Thursda
Fiji will issue a $50 million "green" bond in coming weeks to help combat the effects of global climate change, the first developing country to do so, its prime minister said on Wednesday. The Pacific Island nation is seen as particularly vulnerable to cl
Fiji will issue a $50 million "green" bond in coming weeks to help combat the effects of global climate change, the first developing country to do so, its prime minister said on Wednesday. The Pacific Island nation is seen as particularly vulnerable to cl
The number of investors saying bonds are overvalued rose to a record high of a net 85 percent in October, Bank of America Merrill Lynch's monthly fund manager poll showed on Tuesday. The survey, which polled 207 asset managers with a combined $585 billion
The number of investors saying bonds are overvalued rose to a record high of a net 85 percent in October, Bank of America Merrill Lynch's monthly fund manager poll showed on Tuesday. The survey, which polled 207 asset managers with a combined $585 billion
Canadian steel maker Stelco Holdings Inc's planned IPO could be a tough sell as it faces the twin headwinds of slowing North American auto sales and the uncertain impact of trade talks, even as it looks to cash in on a rebound in steel prices. Stelco also
Canadian steel maker Stelco Holdings Inc's planned IPO could be a tough sell as it faces the twin headwinds of slowing North American auto sales and the uncertain impact of trade talks, even as it looks to cash in on a rebound in steel prices. Stelco also
Sea Ltd, a Singapore-based online gaming and e-commerce company backed by Tencent, rose 13 percent their debut on Friday, giving the company a market valuation of $5.39 billion. The company saw strong demand for its offering. It sold 59 million shares, 18
Sea Ltd, a Singapore-based online gaming and e-commerce company backed by Tencent, rose 13 percent their debut on Friday, giving the company a market valuation of $5.39 billion. The company saw strong demand for its offering. It sold 59 million shares, 18
US stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the US Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward. Shares of General Electric reversed an ear
The Kenyan shilling is expected to weaken against the dollar in the next week ending Thursday while the naira is expected to hold steady, traders said.
A Dutch family has sold virtually all they own, including a business, their home, two cars and a motorbike and invested the takings in bitcoin just as the virtual currency is soaring to new heights. "We are putting everything into bitcoin, we've sold ever
Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.
The dollar made its biggest daily gain in a month on Friday and posted a weekly increase for the fifth time in six weeks as progress on US tax reforms raised prospects of a fiscal lift to the economy, bolstering investor appetite for risk. The dollar hit
The chief executive of Japan's largest bank expects new business opportunities to appear as digital currencies allow collection of data on how people use their money. While Japan's big banks have distanced themselves from bitcoin and other existing digita
Speculators trimmed their bearish bets on the US dollar in the latest week to the smallest position in more than a month, but retained a significantly negative bias against the greenback, according to calculations by Reuters and Commodity Futures Trading
Central Europe's strong economic growth could lift most of its currencies in the next 12 months as central banks turn more hawkish, a Reuters poll of 33 analysts showed on Friday. In the October 2-5 survey, economists saw Poland's zloty gaining 3 percent
The Canadian dollar suffered its biggest drop in nine months against the greenback on Friday, after domestic data showing a drop in retail sales added to expectations that the Bank of Canada will leave interest rates on hold next week. Retail sales fell b
Investor sentiment towards Asian currencies improved over the past two weeks, a Reuters poll showed, as doubts over the passage of tax reforms under US President Donald Trump will likely keep the dollar on shaky ground. A poll of 12 respondents showed inv
World championship leader Marc Marquez snatched pole position and left title rival Andrea Dovizioso in his wake in the final seconds of qualifying Saturday for the Australian MotoGP. Triple world champion Marquez grabbed his 44th pole in his 88th MotoGP w
Pakistan's Hasan Ali is officially the world's best one-day bowler, with an early career record surpassing even legendary compatriot Waqar Younis and a unique 'bomb explosion' wicket celebration which is just as eye-catching. The 23-year-old, who is the l
French number one Jo-Wilfried Tsonga qualified for the final of the Antwerp ATP on Saturday beating local player Ruben Bemelmans 6-3, 6-3 to show his knee injury is now behind him. It will be Tsonga's first final in five months, although it comes in a tou
Manchester United fell to a shock 2-1 defeat at promoted Huddersfield Town on Saturday as Pep Guardiola's free-scoring Manchester City moved five points clear at the Premier League summit. Aaron Mooy and Laurent Depoitre scored at the John Smith's Stadium
The third edition of the IGP Khyber Pakhtunkhwa Inter-Academy Twenty20 Cricket Cup got under way here at Arbab Niaz Cricket Stadium on Saturday. ANP Provincial Central Council Member Al-Haj Malik Tariq Awan and PTI Provincial Vice President Muhammad Abid
Al-Haj Faw team entered into the semi-finals of the FATA Football Super League-2017 after recording a solitary goal victory against Kurrama Shaheen of Kurram Agency in the quarter-final match being played here at Qayyum Sports Complex on Saturday. Directo
Germany's Julia Goerges clinched a career third WTA title with a straight-sets romp over Daria Kasatkina of Russia in the final of the Kremlin Cup on Saturday. The seventh-seeded German prevailed 6-1, 6-2 in one hour six minutes to chalk up her third vict
Zimbabwe spinners Graeme Cremer and Sean Williams shared seven wickets as the West Indies were bowled out for 219 on the opening day of the first Test at Queens Sports Club on Saturday. Cremer claimed 4 for 64 and Williams took 3 for 20, with most of thos
Pakistan left arm pace bowler Muhammad Irfan has approached the Lahore High Court seeking directions for removal of his name from the exit control list (ECL). The petitioner wanted to go to Saudi Arabia to perform Umrah but the Interior ministry had place
Skipper Virat Kohli on Saturday hailed India's rotation policy for helping unearth his side's potent new spin attack of Kuldeep Yadav and Yuzvendra Chahal. The batsman said giving younger and more inexperienced players a go was crucial as India try to bui
All-rounder Thisara Perera will lead a 16-man Sri Lankan squad for the three-match Twenty20 series against Pakistan announced on Saturday, the last of which will be played in Lahore. Th Sri Lankan team will return to Pakistan for the first time since gunm
Cuba unveiled a replica of a New York statue of independence hero Jose Marti on Friday, putting a gift from the hometown of US President Donald Trump on public display at a time of heightened US-Cuba tensions. The equestrian statue depicts Marti moments b
Prime Minister Shinzo Abe Saturday vowed to step up pressure on North Korea to protect the Japanese people as he wrapped up an election campaign dominated by threats from Pyongyang. Polls show Abe and his conservative Liberal Democratic Party (LDP) are cl
A journalist was shot dead by three gunmen in northern India on Saturday, police said, the latest attack on media in one of Asia's deadliest countries for reporters. Rajesh Mishra, a 40-year-old reporter at the Hindi-language daily Dainik Jagran - one of
Hundreds of thousands of protesters flooded Barcelona's streets Saturday as Spain took drastic measures to stop Catalonia from breaking away, announcing plans to dismiss the region's separatist government and call fresh elections. Catalan leader Carles Pu
President Donald Trump has signed an executive order allowing the Air Force to bring up to 1,000 pilots back to active duty as it grapples with an aviator shortage, the Pentagon said Friday. The Air Force has complained for years that it is struggling to
A knife-wielding man randomly attacked passersby in central Munich on Saturday, lightly injuring eight people, police said as they excluded terrorism as a motive after detaining the suspected perpetrator. The 33-year-old suspect already has a police recor
US President Donald Trump said Saturday he will allow long blocked secret files on the assassination of John F Kennedy to be opened to the public for the first time. The November 22, 1963 assassination - an epochal event in modern US history - has spawned
At least one person was killed and another was missing on Friday after an oil barge being pulled by a tug boat caught fire and exploded in the Gulf of Mexico off Texas, officials said. The barge was carrying some 133,000 barrels of crude oil to a refinery
The World Health Organization on Saturday cited Zimbabwe's anti-tobacco record and efforts against non-communicable diseases as justifications for making President Robert Mugabe a "goodwill ambassador", as International criticism of the move mounted. The
Delegates from former foes Saturday marked 75 years since the pivotal WWII battle of El Alamein that saw the Allies turn the tables in North Africa, as host country Egypt mourned the killing of policemen in a desert shootout with militants. The commemorat
Sri Lanka's navy on Saturday rescued all seven Indian crew onboard a Maldives-bound merchant vessel that sank off the island's southern coast and arranged for their repatriation home. The navy said it responded to a distress call relayed by Maldivian auth
Syrian troops and militia retook the desert town of Al-Qaryatain from the Islamic State group on Saturday ending a three-week-long fightback by the jihadists, state media said. It was the latest in a string of reverses for IS in Syria this month that on T
The Israeli army attacked Syrian government artillery on Saturday after fire across the armistice line hit the Israeli-occupied Golan Heights and warned it would step up such retaliation in the future. The Syrian government controls only party of the terr