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Soybeans set for weekly loss as US harvest outweighs China buying
BEIJING: US soybean futures were little changed on Friday but remained on track for a weekly loss as expectations of a record US harvest outweighed support from renewed Chinese buying.
Business RecorderChina sets 2027 import tariff-rate quotas for wheat, rice, corn and cotton
BEIJING: China will maintain its 2027 wheat import tariff-rate quota at 9.64 million metric tons, unchanged from a year earlier, according to a notice issued by the state planner on Friday.
Business RecorderLondon copper ticks up but heads for weekly loss
London copper inched higher on Friday but headed for a weekly loss amid concerns over rising inflation and a selloff in AI-related stocks, while aluminium was on track for a fourth straight weekly…
Business Recorder
Fresh debt sale set to rattle Indian bonds as rate-hike jitters persist
MUMBAI: Indian government bonds are likely to face selling pressure ahead of fresh supply through the weekly auction on Friday, adding to prevailing caution over the local central bank’s…
Business Recorder
Euro gets much-needed reprieve as AI wobbles rock the dollar
SINGAPORE: The dollar headed for its first weekly fall in five weeks on Friday , lifting the euro from a 17-month low as wobbles in AI investment and drop in US yields put the brakes on recent gains.
Business RecorderAustralian shares hit 5-week high as rate-hike bets ease
Australian shares hit a 5-week high on Friday , led by miners as softer-than-expected labour market data curbed expectations of a near-term interest rate hike and fuelled broad-based buying.
Business Recorder
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