World US Congress advances $1.2 trillion spending package to avert shutdown WASHINGTON: After days of delay, US congressional leaders unveiled a $1.2 trillion bipartisan spending measure for... Published 22 Mar, 2024 04:57am
Technology Samsung to use tech favoured by SK Hynix as AI chip making race heats up SEOUL: Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as... Published 22 Mar, 2024 04:57am
Markets Oil falls on weaker US gasoline demand, Gaza ceasefire hopes NEW YORK: Oil prices fell on Thursday, pressured by weaker US gasoline demand data and reports of a United Nations... Published 22 Mar, 2024 04:57am
Markets European shares higher as rate-cut hopes gain steam PARIS: European shares joined a global rally to hit fresh record-high levels on Thursday, with technology stocks and... Published 22 Mar, 2024 04:57am
Markets Large-caps lead rise in Indian shares after Fed rate view BENGALURU: Indian shares rose on Thursday, helped by metals stocks, joining a global equity rally after the Federal... Published 22 Mar, 2024 04:57am
Markets Wall St hits record highs on rate-cut optimism NEW YORK: Wall Street’s main stock indexes touched record highs on Thursday as chip stocks rallied following ... Published 22 Mar, 2024 04:57am
Markets China stocks dip as rebound fades; HK follows Asia SHANGHAI: China stocks slipped on Thursday, signalling a potential fatigue in their six-week rebound, while Hong ... Published 22 Mar, 2024 04:57am
Markets Chicago soybeans jump SINGAPORE: Chicago soybeans rose for a second session on Thursday to hit a two-month high, as excessive rains in... Published 22 Mar, 2024 04:57am
Markets Iron ore futures up BEIJING: Iron ore futures rose on Thursday, buoyed by renewed expectations of further monetary policy easing in top... Published 22 Mar, 2024 04:57am
Markets US natural gas eases NEW YORK: US natural gas futures eased about 1% on Thursday on forecasts for less demand over the next two weeks ... Published 22 Mar, 2024 04:57am
Markets Malaysian palm oil futures easier JAKARTA: Malaysian palm oil futures dropped on Thursday, erasing earlier gains, amid uncertainty over production... Published 22 Mar, 2024 04:57am
Markets Aluminium prices soar on improved demand prospects LONDON: Aluminium prices climbed to an 11-week high on Thursday as buying interest increased with improving demand... Published 22 Mar, 2024 04:57am
Markets Gold hits fifth record high in March on Fed rate-cut view BENGALURU: Gold prices on Thursday hit record peaks for the fifth time this month after the US Federal Reserve... Published 22 Mar, 2024 04:57am
Markets Japanese rubber futures rebound on stronger domestic equities SINGAPORE/BEIJING: Japanese rubber futures rebounded from earlier losses to close higher on Thursday, driven by a... Published 22 Mar, 2024 04:57am
Business & Finance Turkey central bank stuns market with 500-point rate hike to 50pc ISTANBUL: Turkey’s central bank unexpectedly hiked interest rates by 500 basis points to 50% on Thursday, citing a... Published 22 Mar, 2024 04:57am
Business & Finance Dollar gains on risk sentiment NEW YORK: The dollar rose on Thursday as the strength of the US economy and high interest rates along with a ... Published 22 Mar, 2024 04:57am
Business & Finance Nissan could seek partnership on EVs with Honda, Japanese media say TOKYO: Nissan Motor is considering seeking a business partnership with Honda Motor , TV Tokyo reported on Wednesday,... Published 22 Mar, 2024 04:57am
Business & Finance Asian currencies rally as Fed keeps rate cut projections BENGALURU: Asian currencies rallied on Thursday against a broadly weaker dollar, while stocks in the region gained... Published 22 Mar, 2024 04:57am
Business & Finance Airbus wins jet orders from two Asian customers TOKYO: Airbus clinched orders for 65 jets from two of Boeing’s key Asian customers on Thursday, in a win for the... Published 22 Mar, 2024 04:57am
Business & Finance Australia dollar jumps on jobs boost SYDNEY: The Australian dollar climbed to a one-week high on Thursday after a startlingly strong jobs report quashed... Published 22 Mar, 2024 04:57am