Business Recorder
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Business Recorder
Japan’s Nikkei falls a third day as Iran crisis stokes stagflation concerns
TOKYO: Japan’s Nikkei share average slid for a third straight day on Monday as the Middle East crisis threatened longer-term damage to the economy through higher energy prices and a weaker yen. The benchmark Nikkei 225 Index fell 1.3% to 53,138.42…
#Japan #Nikkei #IranCrisis
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Business Recorder
China January-February crude oil throughput up 1.9% year-on-year
BEIJING: China’s crude oil throughput in January and February rose 1.9% compared to the same period last year, official data showed on Monday, supported by higher refinery operating rates. Total refinery throughput in the world’s second-largest oi…
#China #CrudeOil #Economy
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Business Recorder
Palm opens more than 1% higher on strong rival Dalian, export data
KUALA LUMPUR: Malaysian palm oil futures opened more than 1% higher on Monday, extending gains for a fourth straight session, supported by strength in rival Dalian oils and export data, though weaker Chicago soyoil and crude oil prices capped the …
#PalmOil #Dalian #CommodityMarket
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Business Recorder
India captain Gill targets ultimate goal of winning 2027 World Cup
NEW DELHI: India’s One-Day International captain Shubman Gill said winning next year’s World Cup is the ultimate goal for his team, especially after they fell at the final hurdle in the 2023 edition on home soil. India’s unbeaten campaign in that …
#Gill #India #CricketWorldCup2027 #Cricket
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Business Recorder
Australian dollar steady after turbulent week, with focus on hawkish RBA
SYDNEY: The Australian dollar steadied on Monday following two consecutive weeks of losses as a war in the Middle East rages, while traders braced for a possible trade hike Down Under as surging oil prices increased concerns about inflationary ris…
#AustralianDollar #Australia #RBA #MonetaryPolicy
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Business Recorder
China’s yuan steady, in sign of resilience, despite deepening Iran war
SHANGHAI: China’s yuan was steady against the dollar on Monday despite the deepening Iran war, as traders studied fresh economic data and monitored ongoing Sino-US trade talks. The dollar has jumped recently as the war in the Middle East drove inv…
#China #Yuan #IranWar #CurrencyMarket
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Business Recorder
Fire near Dubai airport under control after drone attack, flights suspended
Dubai authorities brought under control on Monday a fire caused by a drone attack near the city’s international airport that forced a temporary suspension of flights, though no injuries were reported, they said. The US-Israel war against Iran has …
#DubaiAirport #Dubai #DroneAttack #FlightsSuspended
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Business Recorder
Iron ore retreats as Chinese iron ore buyer eases buying ban
SINGAPORE: Iron ore futures retreated from two-month highs on Monday as China’s state-backed iron ore buyer eased a ban on a product from top miner BHP until next week, while weaker steel output and property data weighed on sentiment. The most-tra…
#IronOre #China #MarketTrends #Commodities #Business
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Business Recorder
Selling continues at bourse, KSE-100 down nearly 1,100 points in early trade
Selling continued at the Pakistan Stock Exchange (PSX) as tensions in the Middle East kept investors wary, with the benchmark KSE-100 Index shedding nearly 1,100 points during the opening minutes of trading on Monday. At 9:25am, the benchmark inde…
#KSE100 #Bourse
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Business Recorder
Asia shares wary, oil choppy on Hormuz doubts
SYDNEY: Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike. In a …
#Asia #Hormuz #StockMarkets #OilPrices #OilStocks
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