Gold gains after steep drop Published 12 Nov, 2026 04:29am NEW YORK: Gold prices climbed on Wednesday, but stayed near the USD4,000 level after a sharp sell-off in the...
Dollar strength weighs on Asian forex Published 12 Nov, 2026 04:29am BENGALURU: Asian currencies weakened on Wednesday as the US dollar firmed, while technology stocks in South Korea...
Dollar strengthens after US data Published 11 Nov, 2026 04:31am NEW YORK: The dollar strengthened against major currencies on Tuesday after hotter-than-expected US inflation data...
Wall Street falls as hot inflation data fuels rate-hike jitters Published 11 Nov, 2026 04:31am NEW YORK: Wall Street’s main indexes retreated on Tuesday, pausing a two-day rebound in tech shares, after a...
Dollar slips from 18-month high Published 14 Oct, 2026 04:31am NEW YORK: The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the...
Gold holds steady ahead of US inflation data Published 14 Oct, 2026 04:31am NEW YORK: Gold prices were largely steady on Tuesday, as investors looked out for key US inflation data and remarks...
Gasoline likely to boost US consumer prices Published 13 Sep, 2026 02:36am WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight...
Wall St slips as steep oil prices stoke inflation concerns Published 09 Sep, 2026 05:39am NEW YORK: The major US stock indexes edged lower on Tuesday as fresh hostilities in the Middle East pushed oil...
Australian shares post worst week in nearly a month Published 07 Sep, 2026 04:49am SYDNEY: Australian shares ended little changed on Friday but posted their worst week in nearly a month, as losses in...
Gold prices drift lower Published 06 Sep, 2026 02:30am NEW YORK: Gold inched lower on Friday but was on track for a modest weekly gain as investors scaled back bets on a...
Copper edges up on thinning stocks Published 06 Sep, 2026 02:30am LONDON: Copper ticked higher on Friday and was set to post a 10th straight weekly rise, as thinning inventories...
Asian stocks rise as Fed hike odds ease Published 05 Sep, 2026 04:59am BENGALURU: Most emerging Asia stocks advanced on Friday with Singapore’s benchmark hitting an all-time high, as...
China stocks close week down as AI rally loses steam Published 05 Sep, 2026 04:59am SHANGHAI: China stocks edged down on Friday and ended the week lower, as a rally in AI shares lost momentum and...
Yen jumps, dollar slips on Waller comments Published 04 Sep, 2026 05:29am NEW YORK: The yen jumped by 2 percent against the US dollar on Thursday as traders ramped up bets on a Bank of Japan...
Wall St climbs after Fed governor says he could support rate hold Published 04 Sep, 2026 05:29am NEW YORK: Wall Street’s main indexes rose on Thursday after Federal Reserve Governor Christopher Waller said he...
Dollar weakens on soft US inflation data Published 15 Jul, 2026 02:14am NEW YORK: The dollar broadly weakened on Tuesday after softer-than-expected US inflation in June tempered...
Dollar up, keeps yen pinned near 40-year lows Published 07 Jul, 2026 04:24am NEW YORK: The Japanese yen struggled near four-decade lows on Monday, raising the risk of official intervention,...
Stablecoin demand may soon fade: BoE Published 01 Jun, 2026 04:28am DUBROVNIK: The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of...
Wall St climbs, Dow at record high Published 23 May, 2026 05:43am NEW YORK: Wall Street’s main indexes rose on Friday ahead of a long weekend, with the blue-chip Dow hitting a record...
Fed set to hold rates steady again Published 27 Apr, 2026 04:21am WASHINGTON: The US central bank is widely expected to keep interest rates unchanged at its policy meeting next week,...
Fed officials say Iran war obscuring outlook as traders price in rate hike Published 21 Mar, 2026 02:11am Iran war uncertainty affects Fed's economic, policy outlook
Wall St rebounds from tech rout; tariff, AI worries linger Published 25 Feb, 2026 04:49am NEW YORK: US stocks rebounded on Tuesday, led by recovering technology shares as investors assessed Anthropic’s...
Wall St declines with tech leading losses as tariff uncertainty weighs Published 24 Feb, 2026 03:50am NEW YORK: US stocks fell on Monday with heavyweight technology stocks leading declines as tariff uncertainty brewed...
Fed holds rates steady, sees 'elevated' inflation and stabilizing job market Updated 29 Jan, 2026 06:37am Economic activity has been expanding at a solid pace,” Fed policymakers said
Rupee gains further ground against US dollar Updated 25 Nov, 2025 06:43pm Currency settles at 280.57 against greenback
KSE-100 Index closes lower as profit-taking persists Updated 25 Nov, 2025 06:20pm Benchmark index settles at 161,692.49
Wall Street surges on tech rally Published 25 Nov, 2025 05:54am NEW YORK: Wall Street’s main indexes rose on Monday, on the back of gains from tech stocks and mega-caps such as...
US Fed chair contender backs October rate cut Published 16 Oct, 2025 08:30pm WASHINGTON: A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut...
Waller is favorite for Fed chair among Trump team, Bloomberg News reports Published 07 Aug, 2025 08:14pm Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank’s chair...
US tariffs unlikely to have ‘significant’ inflation impact: Fed official Published 09 Jan, 2025 06:19am WASHINGTON: The effect of new tariffs under consideration by US President-elect Donald Trump is unlikely to be...