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Thai baht/US dollar weaker on Monday
BANGKOK: The Thai baht weakened against the US dollar on Monday . At 0208 GMT, the baht was 0.22% lower at 33.57 versus the dollar, after trading in a range of 33.550 to 33.610.
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591 stories matching “D” · Clear
Palm slightly recovers after six-session slide on firmer Chicago soyoil
KUALA LUMPUR: Malaysian palm oil futures opened higher on Monday after falling for sixth straight sessions, supported by firmer Chicago soyoil, though weaker crude oil prices capped the gains.
Business RecorderThailand plans to sell up to $10.7 billion of government bonds from October to December
BANGKOK: Thailand plans to sell up to 361.2 billion baht ($10.7 billion) of government bonds during the October-December period for debt restructuring and management, the finance ministry said.
Business RecorderPakistan’s seafood exports reach $125mn in 1QFY27
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said on Monday that Pakistan’s fish and seafood exports clocked in at $125.4 million during the first quarter of the current…
Business RecorderIMF, Sri Lanka strike staff-level pact on funding of $345 million
The International Monetary Fund said it reached a staff-level agreement with Sri Lanka on the seventh review under its Extended Fund Facility to unlock financing of about $345 million.
Business RecorderIndian central bank likely intervenes to support rupee, traders say
MUMBAI: The Reserve Bank of India likely intervened in the foreign exchange market on Monday to support the rupee, four traders told Reuters , helping the currency withstand pressure coming from a…
Business RecorderCopper ticks up as Fed rate hike bets cool
SINGAPORE: Copper nudged up on Monday , supported by an improving demand outlook after cooling interest rate expectations outweighed pressure from a strong dollar.
Business RecorderIndian bonds take a breather before RBI policy outcome
MUMBAI: Indian government bonds held steady early Monday as traders stay sidelined ahead of the Reserve Bank of India’s policy verdict this week, while softer US Treasury yields temper jitters from…
Business RecorderIndia, US have reached a plateau in trade talks, Indian finance minister says
NEW DELHI: India and the United States have reached a plateau in their trade deal talks, India’s Finance Minister Nirmala Sitharaman said on Monday, a further sign that the two sides have hit a wall…
Business RecorderHong Kong stocks tick down in thin trade as property, financials drag
HONG KONG: Hong Kong stocks edged lower in light trading on Monday, as selling pressure on property developers and financial heavyweights outweighed modest gains in tech shares.
Business RecorderPSX: selling at bourse, KSE-100 down over 800 points
Selling was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 800 points during the opening minutes of trading on Monday.
Business RecorderIndian rupee set for mild relief from dip in oil, fading Fed October hike bets
MUMBAI: The Indian rupee is expected to see some respite on Monday , with softer oil prices and further paring of bets on an October Federal Reserve rate hike easing pressure on the currency.
Business RecorderIndian shares poised to rebound as Fed-hike fears, oil prices ease
Indian shares were set to open higher on Monday after posting their longest weekly losing streak in 25 years, supported by easing concerns over aggressive US monetary tightening and a pullback in…
Business RecorderGold gains as October Fed rate hike prospects fade
Gold prices drifted higher on Monday after recent soft economic data sharply lowered expectations of a Federal Reserve rate hike in October, increasing the appeal of the non-yielding asset.
Business RecorderDollar holds firm as French fiscal woes keep euro on back foot
SINGAPORE: The dollar started the week on a firm footing , hovering near a 17-month high on Monday as traders weighed receding odds of a Federal Reserve rate hike this month after soft US jobs data…
Business RecorderStocks upbeat, dollar wobbles as Fed hike bets recede
SINGAPORE: Stocks were off to a strong start on Monday while the dollar edged lower and bonds steadied , as investors trimmed bets on an aggressive policy tightening cycle by the Federal Reserve…
Business RecorderMiddle East crude oil exports exceed pre-war levels but tanker attacks increase
SINGAPORE: Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels…
Business RecorderGovt says fully focussed on energy supplies
LAHORE: Federal Minister for Petroleum Ali Pervez Malik on Sunday said that a summary had also been submitted to the federal cabinet to facilitate the import of LPG from abroad so that consumers…
Business RecorderDisputed amount under protest not admission of guilt: LHC
ISLAMABAD: The Lahore High Court (LHC) has ruled that payment of a disputed amount under protest cannot, by itself, be treated as an admission of guilt before the Federal Board of Revenue (FBR).
Business RecorderAPTTA seeks permission to import wood logs with bark
KARACHI: Pakistan’s multibillion-rupee wood industry is facing serious challenges due to regulatory restrictions on wood imports, prompting the wood traders to urge the government to allow the…
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