Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
China's soyabean imports from Brazil nearly doubled in October from a year earlier, customs data showed on Monday, as buyers scooped up shipments on worries over shortages amid trade tensions with the United States, a major supplier. China typically buys
Indonesia's palm oil production and exports fell in October from the previous month following the peak of the harvest season, while domestic consumption rose on demand for biodiesel, according to the median results of a Reuters survey. Palm oil output fel
Physical gold demand in India was robust this week as consumers stepped up purchases during the traditional wedding season after domestic rates slipped to a near six-week trough, while gains in global prices weighed on bullion's appeal in other Asian hubs
Light rains mixed with sunny spells in most of Ivory Coast last week were expected to boost the main cocoa crop in the world's top producer, farmers said on Monday. Farmers said the outlook for the main crop was good. Ivory Coast is in the dry season that
Rice export prices rose for a third straight week in India as the rupee gained, while an order from the Philippines did little to infuse activity in Thailand and Vietnam. India's 5 percent broken parboiled variety was quoted around $367-$375 per tonne thi
A sharp cut in rapeseed sowings in the European Union's main producers has raised industry fears of a smaller than expected 2019 crop and a larger import need. Dry autumn weather caused big cuts in rapeseed sowings in the EU's top producers Germany, Franc
Little business was witnessed on the cotton market on Monday as the ginners were not ready to lower asking prices, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of seed cotton in Sindh were at Rs 3000-4000, in the Punj
ICE Canadian canola futures eased on Friday for the second straight session, pressured by weaker soy prices and strength in the Canadian dollar. Commercial hedges were lighter until a late flurry, while a lack of export demand is a concern, a trader said.
Chicago Board of Trade wheat futures ended firmer on Friday after setting one-week highs earlier in the session on hopes for improving export demand, traders said. The front-month December wheat contract at the CBOT settled up 1 cent at $4.99-3/4 a bushel
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,583. The traded value of Metals, Energy and COTS/FX was recorded at 9.851 billion and the number of lots traded 19,584. Major business was contributed by WTI crude oil amo
Vietnam's domestic coffee prices fell further tracking lower international prices and on rising supplies from an ongoing harvest, while Indonesian premiums widened due to depleted stocks. Farmers in the Central Highlands, Vietnam's largest coffee growing
US corn futures closed lower on technical selling on Friday after dropping to their lowest price in more than seven weeks, traders said. Most-active Chicago Board of Trade December corn futures fell 2-3/4 cents to $3.59 a bushel. Earlier, the contract tou
Asia's naphtha crack to Brent crude slipped on Friday marking four straight sessions of declines this week. Concerns of ample supplies continued to weigh on market sentiment despite slightly improved buying interest from North Asian buyers on Friday, trad
Euronext wheat futures fell on Friday as quiet holiday trading in Chicago and a plunge in oil prices encouraged the Paris market to consolidate after an earlier one-week high. Benchmark March milling wheat on Paris-based Euronext settled down 1.75 euros,
The Karachi Port handled 274,565 tonnes of cargo comprising 206,864 tonnes of import cargo and 67,701 tonnes of export cargo including 9,832 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargos of 20
CBOT soyabean futures sagged on Friday amid doubts that the United States and China will make major progress to resolve a trade war at the upcoming G20 leaders' summit in Buenos Aires, traders said. Chicago Board of Trade January soyabeans dipped 2 cents
Chinese steel prices edged lower on Friday, shrugging off a decline in inventories to be on track for their worst week since late March amid concerns that less rigid production curbs this winter will lead to surplus supplies. Stocks of steel products held
Egypt's blue-chip stock index fell for a fifth straight day on Monday, while Saudi Arabia edged up as oil prices rebounded moderately after plunging nearly 8 percent at the end of last week. The Egyptian index, which had plunged 3.8 percent on Sunday, fel
Tokyo stocks closed higher on Monday, led by gains in the construction sector and other firms related to Japan's hosting of the World Expo 2025, with investors paying close attention to talks over the US-China trade war. The benchmark Nikkei 225 index cli
US stocks rebounded on Monday after two bruising weeks, as investors picked up beaten-down energy and financial stocks, while retailers gained on hopes of robust sales on the largest online shopping day of the year.
The Colombo stock index rose 0.22 percent to 5,943.07 on Monday. It declined 0.41 percent last week following a 0.39 percent fall previous week. It has fallen 6.7 percent so far this year. Foreigners bought a net 17.1 million rupees ($95,000) worth of sto
Southeast Asian stock markets closed higher on Monday, in line with broader Asia, as investors braced for a meeting between US President Donald Trump and Chinese President Xi Jinping at the end of the week. Trump and Xi are expected to meet on the sidelin
Australian shares were dragged lower on Monday by heavy losses for the mining and energy sectors, as a plunge in oil prices last week inflamed broader fears about slowing global growth and corporate earnings. While Asian share markets put on modest gains
China stocks shed early gains to end lower on Monday as investors weighed the confluence of risks in the upcoming US-China trade talks, Chinese economy and global oil prices. Financials were the outliers, anchoring the market and steadying the major indic
European shares closed higher on Monday after new-found optimism on Italy's budget tug-of-war with Brussels lifted shares in Milan while speculation about further mergers and acquisitions in telecoms boosted stocks in the sector. A strong open on Wall Str
Stocks in Hong Kong gained on Monday, shrugging off losses in Mainland China, as investors saw signs of the US Federal Reserve slowing its pace of hiking interest rates. The expectation lifted sectors sensitive to interest rates, such as financials and pr
Indian shares rose about 1 percent on Monday in volatile trading, led by gains in index heavyweights HDFC Bank Ltd and consumer goods giants Hindustan Unilever Ltd and ITC Ltd. The benchmark BSE index ended 1.07 percent higher at 35,354.08, while the broa
Britain's top share index joined a European rally on Monday as worries about Brexit eased after the weekend vote in Brussels and investors piled back into oil and financials and the battered telecoms sector rallied on dealmaking news.
Inflation in the eurozone remains dependent on "signficant" support from the European Central Bank, the institution's president Mario Draghi said Monday, as risks rise and growth slows in the currency bloc. "To ensure that inflation continues to move towa
Floods destroyed more than 400 hectares (1,000 acres) of rice in Niger's southeastern Diffa region, already beset by deadly attacks by Boko Haram jihadists, the local governor said. Nearly 3,000 tonnes of rice worth 717 million CFA francs (more than one m
Commodities-related revenue at the 12 biggest investment banks was 32 percent higher in the first nine months of this year than in the same period in 2017, pulled up by volatile power, gas and base metals prices, consultancy Coalition said on Monday. Reve
Confidence among German business leaders continued to ebb in November, a closely-watched survey showed Monday, as Europe's largest economy confronts slowing growth and rising risks from abroad. Based on a poll of around 9,000 firms, the Munich-based Ifo i
Qatar Airways announced Monday it is expanding operations in Iran, despite US sanctions on the Islamic republic and a Gulf diplomatic rift over accusations Doha was too close to Tehran. The carrier will begin twice-weekly flights to Isfahan in February 20