Chicago Board of Trade (CBOT) corn futures closed modestly higher on Tuesday on technical buying a day ahead of the US Department of Agriculture's monthly supply/demand report and concern about excessive moisture in portions of

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The Karachi Port handled 154,113 tonnes of cargo comprising 128,789 tonnes of import cargo and 25,324 tonnes of export cargo including 6,086 loaded and empty containers during the last 24 hours ending at 0700 hours

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Some latest developments propelled mills and spinners to make forward buying on the cotton market on Thursday, dealers said. The official spot rate was unchanged at Rs 6700, they said. In ready session, approximately 2000

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The use of local currencies instead of the US dollar or other major currencies in China's Belt and Road initiative will help to ensure financial stability, officials at China's central bank said this week. Transacting

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Troubled British telecoms giant BT said Thursday it will axe 4,000 jobs worldwide in a new cost-cutting drive, after posting sliding profits in a "challenging" year. The positions will be cut across three divisions, which

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Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday, after spending cuts and a major rebound in oil revenues. The world's top crude exporter has

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The EU raised Thursday its eurozone growth forecast, saying the recovery was gaining strength despite the elevated uncertainties of Brexit and the protectionist policies of US President Donald Trump. The forecast said the positive outlook

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Barclays reshuffled its senior global investment bank management on Thursday and is seeking to hire between 50 to 100 people to boost the division under new chief Tim Throsby, according to sources with direct knowledge

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New applications for US jobless benefits unexpectedly fell last week while producer prices rebounded strongly in April, pointing to a tightening labour market and rising inflation that could spur the Federal Reserve to raise interest

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Tea prices in Bangladesh dropped for a second straight season at the weekly auction on Tuesday due to subdued demand from local buyers amid higher volumes on offer. Bangladeshi tea fetched an average 189.67 taka

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