Business Recorder

Thai baht/US dollar little changed on Tuesday

BANGKOK: The Thai baht was little changed against the US dollar on Tuesday. At 0202 GMT, the baht was 0.06% higher at 32.57 versus the dollar, after trading in a range of 32.580 to 32.635. It ended the previous session at 32.59 per dollar, as per …

#ThaiBaht #Economy #Currency

Business Recorder

South Korean shares pull back from record high on profit-taking

SEOUL: Round-up of South Korean financial markets: South Korean shares fell sharply after notching a record high on Tuesday, as the Iran war and its impact on domestic inflation triggered profit-taking. The benchmark KOSPI was down 241.08 points, …

#SouthKorea #StockMarket #Economy

Business Recorder

Japan’s Nikkei retreats from record peak as traders gauge fragile Mideast peace talks

TOKYO: Japan’s Nikkei share average retreated on Tuesday from a record high hit in the previous session, as investors cautiously assessed Middle East peace talks, with broader geopolitical uncertainties weighing on risk appetite. The Nikkei was do…

#Japan #Nikkei #Economy

Business Recorder

Copper climbs to over two-week high amid tariff uncertainty, Iran risks

Copper rose to a more than two-week high on Tuesday as unresolved US tariff uncertainty and subsequent tightening supply outside the United States supported the market, while Middle East peace talks remained in focus. The benchmark three-month cop…

#CrudeOil #IranUSConflict

Business Recorder

Senegal drop defenders Mbow, Camara to finalise World Cup squad

Senegal coach Pape Thiaw dropped defenders Moustapha Mbow and Ilay Camara from his preliminary squad to finalise his 26-man line-up for the World Cup by FIFA’s deadline on Monday. Paris FC centre half Mbow and Belgian-born Anderlecht fullback Cama…

#WorldCup

Business Recorder

China’s yuan hits 3-year high; investors eye Mideast peace talks

SHANGHAI: China’s yuan inched firmer to hit a more than three-year high against the dollar on Tuesday, but gains were capped as investors cautiously evaluated Middle East peace talks. The onshore yuan rose to a high of 6.7621 per dollar in morning…

#CrudeOil #Mediation

Business Recorder

US’s Mauricio Pochettino, other coaches can use laptops in World Cup

After Mauricio Pochettino gathered his players around a laptop computer to watch a tactical video during an in-game hydration break in a friendly on Sunday, the US men’s national team coach admitted he wasn’t sure he’d be allowed to do that in the…

#WorldCup

Business Recorder

Australia, NZ dollars buffeted by geopolitics, mixed data

SYDNEY: The Australian and New Zealand dollars fell on Tuesday as a lack of clear progress in Middle East peace talks weighed on risk assets, while domestic economic news was too mixed to offer much impetus. The Aussie dipped to $0.7157, after eas…

#InternalConflict

Business Recorder

Indonesia May inflation picks up to 3.08% y/y

JAKARTA: Indonesia’s annual inflation rate quickened to 3.08% in May from 2.42% the previous month, data showed on Tuesday, lifted closer to the top end of the central bank’s target range by rising prices of food and transport. The figure was slig…

#Economy

Business Recorder

Indian bonds steady as US-Iran tensions linger; RBI policy review due Friday

MUMBAI: Indian government bonds were little changed early on Tuesday as caution ahead of the RBI’s policy decision later in the week and lingering US-Iran tensions kept investors on the sidelines. The yield on the benchmark 6.48% 2035 note was at …

#IndiaEconomy #RBI #IranUSConflict