Sterling slightly lower LONDON: The pound was slightly lower against the dollar and the euro on Tuesday not far from five-week lows touched... Published 10 Nov, 2021 05:47am
Markets Sterling broadly unchanged near 5-week lows The pound was unchanged on Tuesday within striking distance of five-week lows touched last week against the dollar... Published 09 Nov, 2021 01:54pm
Markets Japan's 10-year bond yields fall to one-month low TOKYO: Japan's 10-year government bond yields fell to a one-month low on Friday, as a decision by the Bank of ... Published 08 Nov, 2021 05:19am
Markets European stocks on front foot before US jobs data LONDON: Europe's main stock markets rose Friday, with Paris hitting a record peak as investors awaited key US jobs... Published 08 Nov, 2021 05:19am
Business & Finance Aussie, kiwi endure tough week SYDNEY: The Australian and New Zealand dollars were ending a turbulent week with stiff losses on Friday, while bonds... Published 06 Nov, 2021 03:57am
Business & Finance Yuan weakens against dollar SHANGHAI: China's yuan softened on Friday after the central bank set a weaker daily fixing, with the US dollar ... Published 06 Nov, 2021 03:57am
Markets Dollar soars to more than 1-year high after jobs data, then pulls back New York: The dollar jumped on Friday to hit its highest level in more than a year, after data showed stronger US ... Updated 06 Nov, 2021 01:21am
Markets Dollar in driver's seat as payrolls loom; sterling battered TOKYO: The dollar was on course for a second straight week of gains against major peers on Friday, ahead of a key US... Published 05 Nov, 2021 11:47am
Business & Finance Sterling falls 1pc LONDON: Sterling fell sharply on Thursday as the Bank of England left its main interest rate unchanged after ... Published 05 Nov, 2021 04:39am
Markets US MIDDAY: Gold up over 1pc NEW YORK: Gold prices were poised for their best day in three weeks on Thursday as the US Federal Reserve and the... Published 05 Nov, 2021 04:39am
Print BoE keeps rates on hold LONDON: The Bank of England kept interest rates on hold on Thursday, wrong-footing investors who had been convinced... Updated 05 Nov, 2021 09:58am
Markets European shares close at record high after Fed, BoE announcements European shares rose for a fifth straight session on Thursday to hit record highs as investors took comfort from the... Published 04 Nov, 2021 10:32pm
Business & Finance BoE holds interest rate despite soaring inflation LONDON: The Bank of England on Thursday kept its key interest rate at a record low 0.1 percent, but signalled a... Published 04 Nov, 2021 05:27pm
Markets BoE faces decision day, caught between inflation and slowdown risks LONDON: The Bank of England will deliver its most hotly awaited policy decision in years on Thursday, when it will... Published 04 Nov, 2021 09:37am
Business & Finance BoE interest rate dilemma keeps sterling under pressure LONDON: The pound edged lower on Tuesday, hovering around a three-week low, pressured by uncertainty about whether... Published 03 Nov, 2021 03:54am
Markets The US Federal Reserve's take on greening the economy: Not our job The US Federal Reserve trails other major central banks in tackling climate change, even as President Joe Biden... Published 02 Nov, 2021 11:09am
Markets BoE eyes first rate rise since 2018 as inflation surges LONDON: The Bank of England could this week raise its main interest rate for the first time in more than three years... Published 02 Nov, 2021 09:34am
Markets UK T-bill auction sees highest yield since April 2020 LONDON: A weekly auction of British government six-month Treasury bills - a form of short-term debt - saw the ... Published 01 Nov, 2021 05:02am
Business & Finance Sterling pushed down by dollar strength LONDON: Sterling dropped against a stronger dollar on Friday but recovered some of the previous session’s losses... Published 30 Oct, 2021 04:37am
Business & Finance Sterling falls from one-month highs as risk currencies'rally cools LONDON: Sterling dipped below one-month highs on Thursday, tracking a similar move in risk-oriented currencies as... Published 22 Oct, 2021 04:13am
World UK manufacturers raise prices by most since 1980: CBI LONDON: British manufacturers raised prices by the most since 1980 over the past three months as they sought to pass... Published 21 Oct, 2021 05:17pm
Markets Sterling stuck below 1-month high after inflation reading LONDON: Sterling laboured below a one-month high on Wednesday as traders said a dip in September inflation was... Published 20 Oct, 2021 02:08pm
Markets Sterling hits four-week high vs dollar as rate hike anticipation builds LONDON: Sterling hit a four-week high against the dollar on Tuesday as expectations mount that central bank... Published 19 Oct, 2021 02:37pm
Markets Gold climbs as dollar, Treasury yields weaken Gold prices gained on Tuesday, with a weaker dollar and US bond yields providing some support to the precious metal,... Published 19 Oct, 2021 10:53am
Business & Finance BoE will have to act to contain inflation: Bailey LONDON: Bank of England Governor Andrew Bailey sent a fresh signal on Sunday that the British central bank is ... Published 18 Oct, 2021 04:59am
Markets Homebuilders lift London’s FTSE 100 LONDON: London’s FTSE 100 rose on Wednesday, lifted by gains in shares of homebuilders after Barratt Developments... Published 14 Oct, 2021 04:14am
Business & Finance Sterling shrugs off weaker-than-expected UK GDP LONDON: Sterling edged higher on Wednesday as traders shrugged off data showing weaker-than-expected economic growth... Published 14 Oct, 2021 04:14am
Markets FTSE 100 drops LONDON: Miners and travel stocks pressured London's FTSE 100 index on Tuesday, with investors also worried about... Published 13 Oct, 2021 04:47am
Markets Pound pinned near 2-week highs after UK jobs data leaves rate bets intact LONDON: Sterling held near a two-week high against the dollar on Tuesday as UK jobs data came in largely in line ... Published 12 Oct, 2021 08:41pm
Markets FTSE 100 gains LONDON: UK's FTSE 100 climbed on Monday, helped by heavyweight mining and energy stocks, while a stronger pound on... Published 12 Oct, 2021 04:44am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn