The rupee showed stable trend against the dollar on the money on Saturday in the process of trading activity, dealers said. The rupee depicted no change against the dollar for buying and selling at Rs 118.00 and Rs 118.50 respectively, they said. The rupe
The rupee showed stable trend against the dollar on the money on Saturday in the process of trading activity, dealers said. The rupee depicted no change against the dollar for buying and selling at Rs 118.00 and Rs 118.50 respectively, they said. The rupe
Soyameal on the European meals and feeds market was offered in a tight range on Thursday as beneficial US crop weather and technical weakness in Chicago soyameal futures were offset by support from a weaker dollar.
Palm oil on the European vegetable oils market edged higher on Thursday as a weaker dollar and technical gains in CBOT soyaoil futures supported prices. Asking prices for palm oil were mostly between unchanged and $2.50 a tonne up from Wednesday after Mal
Benchmark northwest European gasoline refining margins fell sharply on Thursday after a sharp rise in crude prices and higher Atlantic basin stocks. Gasoline stocks in independently held storage at the Amsterdam-Rotterdam-Antwerp refining and storage hub
Tea prices in Bangladesh rose at the weekly auction for the fourth time in a row on strong demand for quality leaf, while sales rose despite higher volume on offer. Bangladeshi tea fetched an average of 238.34 taka ($2.7) per kg at the auction centre in t
Chicago Board of Trade soyabean futures fell more than 2 percent on Thursday on favourable US crop weather and fund-driven long liquidation as the new-crop November contract fell below psychological support at $10 a bushel, traders said. CBOT July soyabea
Another corn purchase by South Korea's largest feedmaker Nonghyup Feed Inc (NOFI) on Thursday brought a surge of Korean corn buying in the past week to just over 1 million tonnes, traders said. NOFI purchased around 137,000 tonnes of corn to be sourced fr
Asia's gasoline crack fell to a one-month low of $6.39 a barrel, pulled down by abundant supplies. Crack value has been trapped in a losing streak since May 23, despite it being a peak season as the Muslim fasting month usually drives up demand. Although
Rice export prices in India fell this week to their lowest this year on sluggish demand before top buyer Bangladesh slaps import duty on exports of the grain after domestic production recovered. Rates for India's 5 percent broken parboiled variety fell by
Small business was again witnessed on the cotton market on Saturday as spinners were conspicuous by their absence, dealers said. The official spot rate was unchanged at Rs 7,500, they added. In the ready session, approximately, 3664 bales of cotton were a
Chicago Board of Trade wheat futures closed higher on Thursday for a third straight session on technical buying and poor weather in several global production areas that could tighten world stockpiles, traders said. CBOT July soft red winter wheat settled
Most major international grain houses have not been included in a draft list of exporters who will work with the two largest grain terminals in Russia's Black Sea port of Novorossiisk in the new marketing season, sources familiar with the matter said. Com
Indonesia's coffee premiums rose this week as the rupiah recovered from two-and-a-half-year lows against the dollar, but a rising supply during harvest capped the premiums, traders said on Thursday. Premiums for Indonesia's grade 4 defect 80 robusta rose
India's gold imports plunged a fifth straight month in May to 48 tonnes as a rally in local prices to near their highest level in 21 months curtailed retail purchases, provisional data from precious metals consultancy GFMS and bank dealers showed. The 60
The association of German farm cooperatives on Wednesday cut its forecast of Germany's 2018 wheat crop to 22.89 million tonnes, down 6.5 percent on the year after grains suffered from dry weather in past weeks. The cooperatives also cut their forecast of
Chinese construction steel rebar futures rose to their highest in six months on Thursday, supported by environmental inspections across the country that helped to ease concerns about a glut and boosted market sentiment. Teams of inspectors have been sent
Euronext wheat turned lower on Thursday afternoon, after touching a one-week high, as a weather rally in Chicago lost momentum and a stronger euro dampened the export competitiveness of west European grain. The market remained underpinned by weather risks
India has decided to build a 3 million tonne stockpile of sugar to soak up excess supply from the domestic market, and grant soft loans worth 44.4 billion rupees ($661.40 million) to help millers expand ethanol output capacity, the food minister said.
Middle East fund managers have turned very positive on equities in the United Arab Emirates and are now more bullish on that market than Saudi Arabia for the first time in eight months, a monthly Reuters poll showed on Thursday. UAE bourses have fared poo
Middle East fund managers have turned very positive on equities in the United Arab Emirates and are now more bullish on that market than Saudi Arabia for the first time in eight months, a monthly Reuters poll showed on Thursday. UAE bourses have fared poo
Morocco is preparing to issue its first sovereign Islamic bond, or sukuk, worth 1 billion dirhams ($105 million) in the coming weeks after adopting a regulatory framework governing sukuk sales, Finance Minister Mohamed Boussaid said on Thursday. "The lega
Morocco is preparing to issue its first sovereign Islamic bond, or sukuk, worth 1 billion dirhams ($105 million) in the coming weeks after adopting a regulatory framework governing sukuk sales, Finance Minister Mohamed Boussaid said on Thursday. "The lega
Canada's main stock index will notch a record high by year-end as higher commodity prices and rising interest rates boost cyclical stocks, a Reuters poll found, offsetting investor worries about domestic economic imbalances. Cyclical sectors financials, e
The secret to unlocking a further $6 trillion of gains in global stocks and adding another ten years to this bull run? Forget tax cuts and share buybacks, women are key, according to research by S&P Global. The United States lags developed country peers i
The secret to unlocking a further $6 trillion of gains in global stocks and adding another ten years to this bull run? Forget tax cuts and share buybacks, women are key, according to research by S&P Global. The United States lags developed country peers i
Japanese investors bought a record amount of Spanish bonds in April, at the start of Japan's financial year, and they returned to US bonds after heavy selling the preceding six months, Ministry of Finance data showed on Friday. They bought 350 billion yen
Japanese investors bought a record amount of Spanish bonds in April, at the start of Japan's financial year, and they returned to US bonds after heavy selling the preceding six months, Ministry of Finance data showed on Friday. They bought 350 billion yen
Swiss Bank UBS urged clients to pile into emerging market stocks on Thursday, declaring it "buying time" for the asset class despite growing concerns about Latin America's biggest economy Brazil. UBS analysts showed a renewed bullishness for Europe, Middl
Swiss Bank UBS urged clients to pile into emerging market stocks on Thursday, declaring it "buying time" for the asset class despite growing concerns about Latin America's biggest economy Brazil. UBS analysts showed a renewed bullishness for Europe, Middl
China's securities regulator approved the launch of six Chinese mutual funds on Wednesday, potentially channeling hundreds of billions of yuan from investors into domestic floatations of overseas-listed Chinese tech giants. The six listed open-ended funds
China's securities regulator approved the launch of six Chinese mutual funds on Wednesday, potentially channeling hundreds of billions of yuan from investors into domestic floatations of overseas-listed Chinese tech giants. The six listed open-ended funds
Asian equities saw sustained foreign selling in May for the fourth straight month as a firmer dollar and political tensions in Italy kept overseas investors away from regional assets. Foreigners sold about $4 billion worth of Asian stocks last month to ta
US Treasury yields were marginally lower on Friday on light volume as traders awaited the outcome of the Group of Seven summit, fretting about growing trade tensions between the United States and its major allies and global economic growth. US President D
US Treasury yields were marginally lower on Friday on light volume as traders awaited the outcome of the Group of Seven summit, fretting about growing trade tensions between the United States and its major allies and global economic growth. US President D
US stock indexes closed higher on Friday as investors shrugged off concerns about global trade tensions but trading volume was relatively light ahead of a busy week of central bank meetings. The S&P 500 stayed in positive territory in the afternoon after
Greece submitted a draft bill to parliament late on Friday outlining reforms in the energy, pension and labour sectors as the government races to secure the last loans from its international bailout programme. Athens is keen to pass a final review by its
Aviation giants Airbus and Canada's Bombardier on Friday said they have finalised a partnership deal on the C Series airliner programme, the latest move in a long-running battle for the skies against US behemoth Boeing. The partnership will see European a
PSA is interested in offering a "free floating" car-sharing scheme in Paris, where drivers could pick up a vehicle and leave it elsewhere in the city, and is in contact with city authorities about it, the carmaker told a French newspaper.
Regulations to implement Congo's new mining code have been signed into law with no changes, advisers to the prime minister told Reuters on Saturday, despite objections from mining firms that have been threatening legal action. Prime Minister Bruno Tshibal
China and India on Saturday settled a dispute over the flood-prone Brahmaputra river that flows from Tibet to Bangladesh in a sign of growing cooperation between them. Indian Prime Minister Narendra Modi and Chinese President Xi Jinping signed the agreeme
EDP-Energias de Portugal sees merits in the plans of suitor China Three Gorges (CTG), it said on Saturday, signalling it may be open to an improved offer after rejecting a 9 billion euro ($10.6 billion) takeover proposal as too low. The board of the Portu
An Iraq-flagged tanker carrying two million barrels of crude oil has set sail for the US, the first such trip in nearly three decades, the oil ministry said Saturday. Iraq, which has been ravaged by a series of wars since the 1980s, is the oil cartel Opec
Russia's oil production increased to 11.1 million barrels per day (bpd) in the first week of June, far exceeding production limits outlined in a global oil deal, Interfax news agency cited a source as saying on Saturday.
The European Central Bank is expected to end its stimulus programme by the end of this year, according to Reuters poll data that shows economists confident following comments from ECB policymakers over the past week reinforcing that view. The latest Reute
Industrial production in Germany unexpectedly fell in April after rebounding in March, official data showed Friday, adding to fears of a slowdown in Europe's powerhouse economy. Industrial output fell 1.0 percent month-on-month, federal statistics authori
Economy officials in the Libyan capital, Tripoli, have agreed to a three-track reform process including a proposal to impose fees on foreign currency transactions, the central bank said on Saturday. The central bank gave no details of how the fees would w
Botswana has scrapped talks to sell a power station plagued by technical problems to a state-owned Chinese company linked to the plant's builder, an official document seen by Reuters showed. The 600-megawatt coal-fired Morupule B plant, which was commissi
China's producer inflation picked up for the second month in a row to a four-month high in May, buoyed by stronger commodity prices, suggesting the world's No.2 economy has retained growth momentum despite rocky trade relations with the United States. Ann
Uganda's shilling is forecast to weaken on expected demand from commercial banks and importers, fuelled by the central bank's lack of intervention, while Ghana, Kenya and Tanzania's currencies are expected to remain steady. UGANDA - The Ugandan shilling i
The Canadian dollar strengthened against its US counterpart on Friday as data showing higher domestic wages supported bets for a Bank of Canada interest rate hike next month, even as consensus appeared to elude leaders at a G7 summit. The Canadian economy
Central Europe's main currencies are expected to strengthen in the next 12 months on the back of healthy economic growth and expectations for monetary tightening, a Reuters poll of analysts showed in Wednesday. According to the March 2-6 poll, the Czech c
The US dollar's dominance is forecast to fade soon, with any sudden change in expectations for the policies of other central banks posing the biggest risk, a Reuters poll of currency strategists showed. Nearly 60 percent, or 35 of 60 analysts, who answere
The dollar rose on Friday after a four-day losing streak, while the safe-haven yen gained as investors grew cautious over what was expected to be a contentious G7 meeting in Canada on Friday. Despite Friday's gains, the dollar posted its largest weekly dr
Russia's finance ministry is expected to increase its daily buying of foreign currency for the state reserves to the equivalent of 18.7 billion roubles ($302 million) after a recent rise in oil prices, a Reuters poll showed on Monday. The median forecast
Speculators' net short dollar bets rose slightly in the latest week, after shrinking for six straight weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar positions
Brazil's currency rebounded sharply on Friday, posting its biggest daily percentage gain against the US dollar in nearly a decade after Central Bank President Ilan Goldfajn stepped up market intervention to pull the exchange rate back from a nearly two-ye
Virtual currency sales ballooned to $9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly trend actually showed a slowdown if the two biggest offer
Turkey's lira weakened against the dollar on Friday, giving up some of the previous session's gains, when it rallied after the central bank raised interest rates more than expected. Bank stocks tumbled more than 2 percent after Moody's downgraded its rati
Sterling is likely to gain this year and by the time Britain leaves the European Union next March will have recouped a chunk of its losses since the June 2016 decision to leave the bloc, a Reuters poll suggested. However, the pound is unlikely to re-test
River Plate midfielder Enzo Perez will replace the injured Manuel Lanzini in Argentina's 23-man World Cup squad, the country's football association said on Saturday.
Liverpool striker Mohamed Salah has told Egyptian President Abdel Fattah al-Sisi he is well on the road to recovery following a shoulder injury in the Champions League final. "The president was reassured on the health condition of the player 'Mohamed Sala
Cristiano Ronaldo's Portugal arrived Saturday in Russia to begin final preparations for a World Cup campaign that pits them against arch-rivals Spain. The European champions play their Iberian neighbours in the 2014 Winter Olympics host city Sochi in the
Neymar's acclaimed return ahead of the World Cup supplied Brazil with an immeasurable boost, but holders Germany and Argentina arrive at the tournament confronting inconsistent form and disrupted preparations. The Paris Saint-Germain superstar's swashbuck
In a dusty workshop on the outskirts of Hanoi, workers busily mould, set and spray hundreds of replica World Cup trophies as orders flood in ahead of next week's tournament. Demand in football-mad Vietnam is soaring for the hand made plaster models of the
Sports Board Punjab (SBP) and Punjab Football Association (PFA) will jointly organize the first Under-15 Punjab Open Football Championship in the third week of July in Lahore. This is for the first time that SBP and PFA are collaborating for promotion of
The Government of Pakistan, through the Ministry of Inter-Provincial Coordination, has approved a sum of Rs 04 million as reward for the Pakistan Davis Cup team, which performed creditably by beating South Korea, one of Asia's top tennis teams, in the Dav
England's limited-overs captain Eoin Morgan has promised to take nothing for granted when his side begin their white-ball season away to Scotland on Sunday.
Kieran Powell missed out on a century but the West Indies further solidified an already dominant position at lunch on the fourth day of the first Test against Sri Lanka in Trinidad on Saturday. West Indies lost three wickets, including Powell for 88, in t
Australia thrashed Middlesex by 101 runs at Lord's on Saturday in their final one-day warm up match ahead of a series with England. Middlesex, set 284 for victory, finished on 182 all out with exactly nine overs remaining. They lost their last six wickets
Maria Bueno, the Brazilian "queen" of tennis, who won three Wimbledon and four US championship singles titles, died Friday in Sao Paulo at age 78, the hospital where she was being treated said. She had been suffering from mouth cancer since last year and
Simona Halep fought back from a set and a break down to finally achieve her "dream" of winning a Grand Slam title, beating Sloane Stephens 3-6, 6-4, 6-1 in a gruelling French Open final on Saturday. The world number one had lost all three of her previous
A Frenchman has committed suicide by throwing himself off the roof of the Grand Mosque in Islam's holiest city of Makkah, Saudi and French officials said Saturday. "A foreigner threw himself from the roof of the Grand Mosque in Makkah" to the courtyard be
An Israeli aircraft fired a warning shot Saturday to deter a group of Gazans preparing to fly a balloon fitted with explosives over the border, in the first such case, the army said.
Canadian special forces have ended their training support for Iraqi Kurdish peshmerga fighters, the defense department confirmed on Friday, after Ottawa suspended the assistance in October. Canada is part of the United States-led international coalition a
Several of the wildfires that ripped through northern California's wine country in October 2017 were caused by downed power lines owned by the local utility company, a probe by investigators found.
At least two more people died during violent protests overnight, a Nicaraguan rights group said Saturday, bringing to 137 the death toll since demonstrations demanding President Daniel Ortega's ouster sparked in mid-April.
Disney animation chief John Lasseter said Friday he is quitting, six months after acknowledging in an internal memo that he had made staff feel "disrespected or uncomfortable" with unwanted hugs.
Maldives presidential election will be held in September, the country's Election Commission chief said late on Friday, a week after the European Union and some Western nations urged the country to hold a transparent, credible poll.
At least 19 Afghan police officers were killed Saturday in a pre-dawn raid by the Taliban on a base in the northern province of Kunduz, officials said, hours before the militants announced an unprecedented ceasefire starting next week.
The Taliban announced its first ceasefire in Afghanistan since the 2001 US invasion on Saturday, with a three-day halt in hostilities against the country's security forces that was greeted with relief by war-weary Afghans.
China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next year, the Ministry of Ecology and Environment (MEE) said in a statement on Friday, part of a three-year anti-pollution plan. Apar