Dollar weakens after data shows US inflation moderating NEW YORK: The dollar fell more than 1 percent against major currencies on Tuesday after US consumer price data ... Published 15 Nov, 2023 06:09am
Editorials Pakistan’s external financing needs EDITORIAL: The outgoing Shehbaz Sharif-led government budgeted 24.2 billion dollar external loans for the current... Published 15 Nov, 2023 06:09am
Business & Finance Dollar hits one-year high against yen NEW YORK/LONDON: The dollar climbed to its highest level in more than a year against the Japanese yen, near the key... Published 14 Nov, 2023 05:08am
Markets Yen hits fresh one-year low as focus swings to US inflation data TOKYO: The Japanese yen hit a fresh one-year low against the dollar on Monday, as traders awaited another batch of... Updated 13 Nov, 2023 10:54am
Business & Finance Dollar steady against euro, yen weakens NEW YORK: The dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated that... Published 11 Nov, 2023 06:30am
Markets Dollar licks its wounds ahead of Fed Chair Powell’s remarks SINGAPORE: The dollar regained its footing on Wednesday and inched higher after a slew of Federal Reserve speakers... Published 08 Nov, 2023 09:58am
Business & Finance Asian currencies fall on firm dollar BENGALURU: Emerging Asian currencies and equities fell on Tuesday, with South Korea’s stocks and the won leading... Published 08 Nov, 2023 05:42am
Business & Finance Dollar bounces after sharp selloff NEW YORK: The US dollar gained on Tuesday as a sharp selloff last week was seen as overdone in the short-term, while... Published 08 Nov, 2023 05:42am
Markets Tokyo stocks close sharply higher TOKYO: Tokyo stocks closed sharply higher on Wednesday, supported by rallies on Wall Street, a cheaper yen and... Published 02 Nov, 2023 03:16am
Markets Dollar eyes weekly gain as US economy stays robust SINGAPORE: The dollar was headed for a weekly gain on Friday, aided by solid US growth figures that bolstered the... Published 27 Oct, 2023 09:49am
Business & Finance Dollar higher as US economic growth accelerates NEW YORK: The dollar rose against a basket of currencies on Thursday after data showed the US economy grew at its... Published 27 Oct, 2023 05:16am
Markets Dollar bounces, euro heavy on US/euro zone growth outlook divergence SINGAPORE: The dollar was on the front foot on Wednesday, drawing support from yet another resilient US economic ... Published 25 Oct, 2023 09:56am
Business & Finance Dollar higher as US business activity ticks up NEW YORK: The dollar climbed against a basket of currencies on Tuesday as a slew of fresh economic data highlighted... Published 25 Oct, 2023 06:19am
Business & Finance Dollar eases as Treasury yields retreat NEW YORK: The US dollar edged lower against a basket of currencies on Monday as US Treasuries erased earlier losses,... Updated 24 Oct, 2023 06:44am
Business & Finance Yuan pressured lower by widening yield gap SHANGHAI: China’s yuan fell against the dollar on Monday, nearly touching its daily trading limit, as pressure... Published 24 Oct, 2023 05:05am
Business & Finance Dollar dips as 10-year yields back away from highs NEW YORK: The dollar fell against the euro and yen Thursday as the US 10-year yield backed away from the 5% level it... Published 20 Oct, 2023 05:17am
Markets Dollar holds near 150 yen ahead of Fed Chair remarks TOKYO: The dollar held the yen near a two-week low, as growing expectations the US Federal Reserve will keep rates... Published 19 Oct, 2023 09:59am
Markets Tokyo stocks close slightly higher TOKYO: Tokyo stocks ended flat Wednesday as investors weighed developments in the Middle East and US data that... Published 19 Oct, 2023 05:10am
Business & Finance Dollar gains against euro, Middle East in focus NEW YORK: The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak... Published 19 Oct, 2023 05:10am
Markets Dollar gains against euro as Fed, Middle East in focus NEW YORK: The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak... Published 18 Oct, 2023 08:14pm
Markets Dollar steadies while yields rise; eyes on Mideast risks, China data SINGAPORE: The dollar stood its ground on Wednesday, though it struggled for further headway despite strong US... Published 18 Oct, 2023 09:33am
Business & Finance Dollar bounces as US retail sales beat expectations NEW YORK: The dollar gained on Tuesday after data showed that US retail sales rose more than expected in September,... Published 18 Oct, 2023 06:09am
Markets Dollar bounces as US retail sales beat expectations NEW YORK/LONDON: The dollar gained on Tuesday after data showed that US retail sales rose more than expected in... Published 17 Oct, 2023 08:05pm
Markets Open-market: rupee continues upwards march against US dollar The Pakistani rupee maintained its upward trajectory against the US dollar in the open market on Thursday, a gain... Updated 12 Oct, 2023 07:26pm
Markets Inter-bank market: rupee’s winning streak continues, settles at 278.58 against US dollar Local currency has now appreciated for 26 successive sessions Has cumulatively gained 10.24 % since it hit a record low of 307.1 in inter-bank market on Sept 5 Updated 12 Oct, 2023 07:03pm
Markets Dollar hovers near two-week lows ahead of inflation data SINGAPORE: The dollar was rooted near a two-week low on Thursday following minutes from the last US Federal Reserve... Published 12 Oct, 2023 09:01am
Business & Finance Dollar slips on underlying moderate PPI data NEW YORK: The dollar slid on Wednesday after hotter-than-expected data on US producer prices showed underlying... Published 12 Oct, 2023 05:57am
Markets Dollar in holding pattern ahead of Fed minutes, US inflation test SINGAPORE: The dollar was largely rangebound on Wednesday, though remained weighed down by dovish Federal Reserve... Published 11 Oct, 2023 11:07am
Business & Finance Dollar slips on dovish Fed remarks LONDON/SINGAPORE: The euro strengthened as the dollar slid on Tuesday in reaction to a sharp drop in Treasury yields... Published 11 Oct, 2023 03:09am
Markets Dollar stalls as dovish Fed tone dials down rate expectations SINGAPORE: The dollar remained steady against major peers on Tuesday, after a pause in its rally following a slight... Published 10 Oct, 2023 11:14am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost