Latest News on Business, Finance and Markets from Pakistan

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News

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brecorder.com > news > 40/43/9223 > copper-on-track-for-first-weekly-dip-since-june-on-us-tariff-doubts

Copper on track for first weekly dip since June on US tariff doubts

12+ hour, 38+ min ago   (333+ words) LONDON: Copper prices were headed for their first weekly drop since June, even as they steadied on Friday following a steep fall in the previous session after Reuters reported that the White House had not made a decision on imposing…...

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brecorder.com > news > amp > 40439212

Japan???s wholesale inflation stays elevated in Aug, boosts case for rate hike

12+ hour, 38+ min ago   (300+ words) TOKYO: Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the Bank of…...

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brecorder.com > news > 40/43/9026 > copper-set-to-snap-10-week-winning-streak-on-white-house-tariff-hesitation

Copper set to snap 10-week winning streak on White House tariff hesitation

2+ day, 3+ hour ago   (332+ words) Copper was set to snap a 10-week winning streak, despite a marginal Friday rise, after Reuters reported that the White House had yet to decide on refined copper tariffs, triggering a sharp drop from record highs. Three-month copper on the…...

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brecorder.com > news > amp > 40438823

Copper rally holds firm even as rising oil threatens growth outlook

3+ day, 4+ hour ago   (277+ words) Copper hovered near record levels on Thursday, with scarce deliverable metal in markets outside the United States continuing to underpin prices, while oil breached $100-a-barrel and investors awaited US inflation data. Benchmark three-month copper on the London Metal Exchange slipped…...

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brecorder.com > news > amp > 40438758

China stocks inch higher as inflation data highlights sector divergence

3+ day, 7+ hour ago   (294+ words) HONG KONG: China stocks edged up while Hong Kong shares were flat on Tuesday as the latest producer and consumer price inflation data highlighted an uneven economic recovery, which weighed on market sentiment. At the close, China’s blue-chip CSI300 Index and…...

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brecorder.com > news > 40/43/7974 > dollar-gains

Dollar gains - Markets

1+ week, 1+ day ago   (241+ words) NEW YORK: The dollar jumped on Friday after data showed that US employers added 162,000 jobs in August, well above the 56,000 additions expected by economists, boosting bets on a September Federal Reserve interest rate hike, but then pared much of the…...

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brecorder.com > news > amp > 40435925

Copper gains but set to snap seven-week winning streak

3+ week, 2+ day ago   (325+ words) Copper rose on Friday as the dollar weakened, but was headed for its first weekly decline in eight weeks, with London Metal Exchange inventories climbing and nearby price spreads narrowing sharply during the week. Benchmark three-month copper on the LME…...

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brecorder.com > news > 40/43/5931 > jgb-yields-rise-as-higher-oil-prices-stoke-inflation-worries

JGB yields rise as higher oil prices stoke inflation worries

3+ week, 2+ day ago   (216+ words) TOKYO: Japanese government bond yields rose on Friday as heightened uncertainty around the Middle East conflict spurred a rise in oil prices and reignited inflation worries. Benchmark 10-year JGB yields added 3 basis points to 2.875%, following two days of declines after…...