Wall St set for higher open after selloff on jobs data US stock indexes were set to open higher on Monday after last week’s blockbuster jobs data soothed some fears about... Published 08 Aug, 2022 06:51pm
Markets Yields dip, Wednesday’s inflation data in focus NEW YORK: US Treasury yields dipped on Monday as investors continued to digest an unexpectedly strong jobs report... Published 08 Aug, 2022 06:43pm
Business & Finance Dollar climbs after US services industry data NEW YORK: The US dollar index was higher on Wednesday after data showed a surprise pickup in the US services ... Published 04 Aug, 2022 05:43am
Business & Finance Dollar falls against yen NEW YORK: The US dollar was at its lowest level since mid-June against the Japanese yen on Monday as investors... Published 02 Aug, 2022 05:36am
Markets World stocks hit 7-week highs, dollar squeezed vs yen LONDON/SYDNEY: World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining... Updated 01 Aug, 2022 02:08pm
Business & Finance Canadian dollar weakens 0.1pc TORONTO: The Canadian dollar edged lower against its US counterpart on Friday but notched its second straight weekly... Published 01 Aug, 2022 05:54am
Business & Finance US yields edge lower as recession fears persist NEW YORK: Treasury yields at the long end drifted lower on Friday after data on labor costs and wage growth ... Published 01 Aug, 2022 05:54am
Opinion Wall Street weighs job cuts as deals slide in battered markets Wall Street bosses are in a bind about whether to cut investment bankers or keep them on staff in hopes of a ... Published 30 Jul, 2022 03:39am
Business & Finance Dollar retreats as rate hike bets ease NEW YORK: The US dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last... Published 19 Jul, 2022 06:00am
Markets Wall St Week Ahead: Recession fears loom over US value stocks NEW YORK: Fears of a potential economic slowdown are clouding the outlook for value stocks, which have outperformed... Published 18 Jul, 2022 06:22am
Markets Wall St ends tumultuous week with strong rally NEW YORK: US stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by ... Published 18 Jul, 2022 06:22am
Business & Finance Citigroup results boosted by trading, higher interest rates NEW YORK: Citigroup reported better-than-expected results Friday following a strong performance in trading, as... Published 18 Jul, 2022 06:22am
Business & Finance Dollar dips on profit taking, Fed rate path in focus NEW YORK: The dollar fell on Friday as investors evaluated how high the Federal Reserve is likely to raise interest... Published 16 Jul, 2022 04:20am
Markets Recession worries keep European shares pressured LONDON: Commodity and bank stocks dragged Europe’s STOXX 600 lower on Thursday as rising bets on more aggressive... Published 15 Jul, 2022 06:20am
Markets Indian shares end lower BENGALURU: Indian shares closed lower for a fourth straight session as public sector banks and information ... Published 15 Jul, 2022 06:20am
Markets Most Gulf indexes drop ahead of US inflation data DUBAI: Most stock markets in the Gulf slipped into negative territory on Wednesday, as traders awaited US inflation... Published 14 Jul, 2022 05:00am
Markets Wall St slips as hot inflation data rattles investors NEW YORK: US stocks slipped on Wednesday after hotter-than-expected inflation data fanned fears that the Federal... Published 14 Jul, 2022 05:00am
Markets Oil mixed after US stock build, big inflation figure NEW YORK: Oil prices were little changed on Wednesday after US oil inventories rose and after US inflation figures... Published 14 Jul, 2022 05:00am
World US annual consumer inflation posts largest increase since 1981 WASHINGTON: U.S. annual consumer prices jumped 9.1% in June, the largest increase in more than four decades, leaving... Published 13 Jul, 2022 10:53pm
Business & Finance Dollar gains after US payrolls beat forecast NEW YORK: The US dollar rose on Friday after data showed the world’s largest economy created more jobs than... Published 09 Jul, 2022 03:57am
Markets Wall Street slips ahead of Fed meeting minutes NEW YORK: US stock indexes slipped on Wednesday as investors awaited minutes from the Federal Reserve’s meeting to... Published 07 Jul, 2022 05:35am
Markets Wall St falls in choppy trading on rate hike, growth concerns NEW YORK: US stocks fell on Wednesday with a gloomy first-half of the year approaching its end, marred by concerns ... Published 30 Jun, 2022 06:07am
Business & Finance NY Fed to publish corporate bond market distress index NEW YORK: The Federal Reserve of New York will publish monthly updates on the US corporate bond market to help... Published 30 Jun, 2022 06:07am
Markets Markets rise as recession talk tempers rate hike expectations HONG KONG: Stocks climbed Friday following another rally on Wall Street as investors try to process central bank... Published 27 Jun, 2022 06:06am
Markets Wall Street edges higher after Powell’s remarks NEW YORK: US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in... Published 23 Jun, 2022 06:05am
Opinion Will Fed chicken out of rate hike? You can bet that US President Joe Biden expected better news out of Nato than its secretary-general Jens Stoltenberg... Published 23 Jun, 2022 06:05am
Markets Gold firms as economic fears return to centre stage LONDON: Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and... Published 23 Jun, 2022 06:05am
Markets US stocks retreat as Powell cautions on inflation NEW YORK: Wall Street stocks fell early Wednesday, giving back some of the prior session’s gains as markets awaited... Published 22 Jun, 2022 08:13pm
Business & Finance Treasuries Yields close volatile week near their lows NEW YORK: US Treasury yields held at lower levels on Friday after a volatile week that saw yields hit more than... Published 20 Jun, 2022 05:51am
Markets Wall St fights for footing after steep selloff on recession worries NEW YORK: Wall Street’s main indexes struggled to find momentum on Friday following a brutal selloff this week due... Published 18 Jun, 2022 06:00am