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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 Recorder
China 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 Recorder
London 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
Iron ore rebounds from two-year low on dip buying, improving steel margins
Iron ore prices rebounded on Friday after touching more than two-year lows the day before, aided by a raft of dip buying amid signs of improving steel margins and downstream consumption in top…
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 Recorder
Australian 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



Pakistan to chair World Bank, IMF Boards in 2027
In a key development, Pakistan has been nominated to chair the World Bank Group and IMF Boards of Governors in 2027, the Ministry of Economic Affairs said on Friday, marking the country’s first such…
Business Recorder
Finance minister interacts with World Bank President Ajay Banga in Bangkok
Finance Minister Muhammad Aurangzeb met World Bank President Ajay Banga during a dinner hosted by Thailand’s prime minister on the sidelines of the World Bank-IMF annual meetings in Bangkok.
Business Recorder





Ambani's Reliance welcomes Starlink competition in first response to Musk
Mukesh Ambani’s Reliance Industries said it welcomed competition from Elon Musk’s Starlink in India’s satellite internet market, its first public response to a week of attacks by Musk, days…
Business Recorder
Trump says he is talking to Russia and China about denuclearization
WASHINGTON: US President Donald Trump said on Thursday Washington is holding talks with Moscow and Beijing aimed at denuclearizing the countries with the biggest stockpiles of nuclear weapons.
Business Recorder
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