Raw sugar steadies as traders price in surging India, Thai supplies LONDON: Raw sugar prices on ICE steadied on Friday as traders priced in surging supplies in top producers India and... Published 20 Mar, 2022 06:04am
Business & Finance Turkish finance minister says rise in energy prices accelerating inflation ISTANBUL: Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was... Published 19 Mar, 2022 06:13pm
Business & Finance Myanmar to accept Thai baht for border trade, eyes using rupee BANGKOK: Myanmar will start accepting the Thai baht currency for settling border trade transactions and is also... Published 16 Mar, 2022 05:40am
Markets S&P 500, Dow rise with focus on Russia-Ukraine peace talks, Fed NEW YORK: Gains in financial and healthcare shares bolstered the Dow and the S&P 500 index on Monday, as... Updated 15 Mar, 2022 06:35am
Markets Raw sugar falls as Russia-Ukraine peace talks weigh on oil LONDON: Raw sugar futures slid on Monday as oil prices fell amid hopes that diplomatic efforts by Ukraine and Russia... Updated 15 Mar, 2022 06:39am
Editorials Country needs an ‘energy emergency’ EDITORIAL: The US-led West is placing sanctions on Russia. These have global repercussions in terms of energy ... Published 14 Mar, 2022 07:01am
Markets Wall Street slides as decades-high inflation reading invites aggressive Fed tightening NEW YORK: Wall Street slid on Thursday as inflation data hit a four-decade high, all but assuring the U.S. Federal... Published 11 Mar, 2022 12:44am
World World heading for 1973-type energy shock: French minister PARIS: The spike in energy prices caused by Russia’s war in Ukraine will produce effects comparable to the 1973 oil... Published 09 Mar, 2022 03:11pm
Markets Raw sugar climbs to 2-1/2-month high NEW YORK/LONDON: Raw sugar futures on ICE gained more than 2% on Friday, hitting their best level since ... Published 06 Mar, 2022 05:14am
Markets Arabica coffee and New York cocoa dip to one-month lows LONDON: Arabica coffee and New York cocoa futures on ICE both fell to one-month lows on Monday, with investors... Published 01 Mar, 2022 05:34am
Markets Raw sugar rallies with energy prices LONDON: Raw sugar futures on ICE hit a one-month high on Thursday as energy prices soared after Russia’s attack on... Published 25 Feb, 2022 06:19am
Opinion Oil majors face backlash as era of big profits returns Soaring energy prices have brought massive profits to oil majors — along with fierce criticism from... Published 14 Feb, 2022 06:47am
Markets Sugar prices drift lower LONDON: Sugar futures on ICE were slightly lower on Friday as traders focused on the expiry of the March whites... Published 13 Feb, 2022 05:48am
Opinion Govt’s only option despite Fund squeeze: Expansionary budget When it rains, it pours. Financial as well as political pressures are clearly combining to leave the government with... Published 10 Feb, 2022 04:40am
Markets Energy prices lift BP profits to 8-year high LONDON: BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the ... Published 09 Feb, 2022 05:46am
Business & Finance Turkey forex sales to state firms hit record $4.15bn in Jan ISTANBUL: Sales of foreign currency to Turkey’s state economic enterprises - primarily energy importer BOTAS -... Published 08 Feb, 2022 06:10am
Markets Higher prices can weaken energy sector’s financial position: IMF ISLAMABAD: The International Monetary Fund (IMF) has cautioned that higher energy prices could weaken energy... Published 06 Feb, 2022 04:42am
Opinion Economic recovery, inequality, corruption, and wealth tax January 2022 update of the IMF’s (International Monetary Fund’s) flagship report ‘Global Economic Outlook’... Published 28 Jan, 2022 04:45am
Markets Raw sugar retreats after hitting 3 week high LONDON: Raw sugar futures on ICE fell on Thursday after earlier hitting a three week high, with losses seen as... Published 21 Jan, 2022 05:27am
World Kazakh prosecutors say 225 people have died in unrest NUR-SULTAN, (Kazakhstan): Violent unrest in Kazakhstan that began with peaceful protests over energy prices and... Published 16 Jan, 2022 04:17am
Opinion Inflation — a world phenomenon Consumers around the globe are experiencing higher prices for commodities and services. The reasons for this may ... Published 15 Jan, 2022 05:50am
Print World risks more years of high energy prices: IEA PARIS: The world faces more years of high energy prices and emissions unless the electricity sector changes faster... Published 15 Jan, 2022 05:50am
Markets World risks more years of high energy prices, emissions: IEA PARIS: The world faces more years of high energy prices and emissions unless the electricity sector changes faster... Published 14 Jan, 2022 05:56pm
Opinion Kazakh protests The presence of Moscow-led military alliance’s troops in Kazakhstan to help quell mounting unrest in this former... Published 08 Jan, 2022 03:59am
Markets Energy costs soar in 2021, fuelled by political unrest LONDON: Energy prices soared in 2021 -- with gas, oil, coal, electricity and carbon all shooting higher in large ... Published 30 Dec, 2021 12:28pm
Opinion Russian gas supplies to Europe under scrutiny With the arrival of winter in Europe and energy prices soaring, tensions are running high over the provision of gas... Published 29 Dec, 2021 06:57am
Markets High energy prices to drag on into 2023: Italian minister ROME: High energy prices could last into 2023, with the current situation becoming “more tense than expected”,... Published 23 Dec, 2021 04:23am
BR Research Monthly FCA: Record high The energy commodity price spiral has wreaked havoc on domestic electricity tariffs. The regulator approved ... Published 14 Dec, 2021 08:07am
Print Govt plans budget squeeze to win IMF funding approval As well as withdrawing sales tax exemptions worth around 300 billion rupees a year, officials say a supplementary budget next week would also cut development spending Updated 04 Dec, 2021 12:04pm
Markets Cocoa dives to 4-month low on fresh COVID fears NEW YORK/LONDON: Cocoa futures on ICE fell to the lowest levels in four months on Friday as concerns about a new... Published 28 Nov, 2021 05:38am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?