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economic recovery

European shares jump

European shares jump

ROTTERDAM: European shares rose on Thursday, led by sectors expected to benefit from a broader economic recovery, as...
Published 26 Feb, 2021 05:20am
Japanese shares jump
Markets

Japanese shares jump

TOKYO: Japanese shares jumped on Monday, snapping a three-day losing streak, as optimism on economic recovery from...
Published 23 Feb, 2021 05:20am
Brazil's 2021 interest rate outlook rises to 3.75pc, survey shows
World

Brazil's 2021 interest rate outlook rises to 3.75pc, survey shows

  • The average forecast of the benchmark Selic rate at the end of this year rose to 3.75% from 3.50%, while the end-2022 forecast remained steady at 5.00%.
  • Economists at Barclays reckon the central bank will raise rates at its next policy meeting in March.
Published 17 Feb, 2021 09:04pm
Russian rouble hits more than 1-month high on soaring oil prices
Markets

Russian rouble hits more than 1-month high on soaring oil prices

  • The rouble was 0.6% stronger against the dollar at 73.24, hovering at levels seen before Navalny's return to Russia last month. It briefly hit 73.1250, its strongest mark since Jan. 14.
  • The rouble had gained 0.5% to trade at 88.87 versus the euro , earlier touching a more than two-month high of 88.8000.
Published 15 Feb, 2021 06:56pm
Japanese shares up
Markets

Japanese shares up

TOKYO: Japanese shares closed higher for a third straight session, after hitting fresh 30-year highs, as strong...
Published 10 Feb, 2021 04:12am
European shares dip
Markets

European shares dip

MILAN/FRANKFURT: European shares dipped on Tuesday as a recent rally powered by hopes of a swifter global economic...
Published 10 Feb, 2021 04:12am
US 10-yr yield rises to 1.2pc, inflation expectations build
Markets

US 10-yr yield rises to 1.2pc, inflation expectations build

  • The $1.9 trillion stimulus package looks likely to be approved by Congress, bypassing Republican roadblocks.
  • Ten-year borrowing costs extended their rise to the highest since last March at 1.2%, while 30-year yields touched 2% for the first time since mid-February 2020 .
Published 08 Feb, 2021 05:54pm
Lively TERF nearing its demise
Print

Lively TERF nearing its demise

KARACHI: In response to COVID-19, State Bank of Pakistan (SBP) announced a Temporarily Economic Refinance Facility...
Updated 04 Feb, 2021 10:03am
Gold range-bound in Asia
Markets

Gold range-bound in Asia

SINGAPORE: Gold traded in a narrow range in Asian trade on Wednesday as market participants awaited the US Federal...
Published 28 Jan, 2021 04:40am
Aussie, kiwi up
Business & Finance

Aussie, kiwi up

SYDNEY: The Australian and New Zealand dollars resumed their upward march on Thursday as domestic data spoke of...
Published 22 Jan, 2021 04:47am
China stocks up
Markets

China stocks up

BEIJING/SHANGHAI: China stocks closed higher on Wednesday, with electric vehicle and healthcare shares leading the...
Published 21 Jan, 2021 04:23am