European markets round off busy week of data PARIS: European shares ended a data-packed week on an upbeat note with stellar earnings updates and hopes of ... Published 17 Feb, 2024 05:51am
Business & Finance ECB likely to cut rates in small increments with pauses ZAGREB: The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts... Published 30 Jan, 2024 04:44pm
Business & Finance ECB will start cutting rates sooner or later as inflation eases, De Guindos says MADRID: The European Central Bank will cut interest ratees sooner or later given recent encouraging inflation... Published 29 Jan, 2024 01:08pm
Print ECB keeps rates unchanged FRANKFURT: The European Central Bank kept interest rates unchanged at a record-high 4% as expected on Thursday and... Updated 26 Jan, 2024 09:55am
Markets Yen falls as BOJ stands pat; China market rescue talk helps yuan, Aussie SINGAPORE: The yen fell broadly on Tuesday after the Bank of Japan (BOJ) maintained its ultra-loose monetary policy... Published 23 Jan, 2024 09:32am
Business & Finance ECB to signal no rush to cut interest rates FRANKFURT: European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they... Published 22 Jan, 2024 12:56pm
Markets European shares clock weekly declines as rate-cut euphoria fades PARIS: European shares logged weekly declines on Friday, as investors tempered their expectations around major... Published 20 Jan, 2024 05:18am
Markets Asian shares bounce on global tech rally, yen loser of the week SYDNEY: Asian shares bounced on Friday, buoyed by a rally in regional chipmakers, while the yen was set to end the... Published 19 Jan, 2024 09:59am
Markets European shares advance as chipmakers rally PARIS: European shares bounced back on Thursday following three straight sessions of losses, buoyed by Richemont and... Published 19 Jan, 2024 05:37am
Business & Finance Dollar up for fifth straight session NEW YORK: The dollar index rose for a fifth straight session on Thursday after labor market data showed job growth,... Published 19 Jan, 2024 05:37am
Business & Finance Indian rupee ends lower MUMBAI: The Indian rupee ended lower on Wednesday, pressured by likely equity outflows and as the US dollar index... Published 18 Jan, 2024 05:54am
Business & Finance ECB’s Lagarde says summer rate cut ‘likely’ DAVOS: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said... Published 17 Jan, 2024 05:09pm
World EU 27 states will provide further funds to Ukraine BRUSSELS: The chief of the European Union’s executive Commission, Ursula von der Leyen, on Wednesday said she was... Published 17 Jan, 2024 01:40pm
Markets Dollar at one-month high as rate cut expectations ease on Fed speak TOKYO: The dollar index hovered at a one-month high against a basket of currencies on Wednesday as remarks by... Published 17 Jan, 2024 09:46am
Business & Finance Most Asian FX fall on rates outlook volatility BENGALURU: Most Asian currencies and stocks fell on Tuesday, with the South Korean won leading the losses, pressured... Published 17 Jan, 2024 06:02am
Business & Finance Next move is a rate cut but date is open question: ECB’s Villeroy The European Central Bank cannot yet declare victory over inflation but its next move is likely to be an interest... Published 16 Jan, 2024 12:38pm
Markets India to allow edible oil imports at lower duty until March 2025 MUMBAI: India will extend the import of edible oil at a lower duty by another year until March 2025, the government... Published 16 Jan, 2024 10:39am
Markets Indian rupee winning run may pause on dollar strength before key Fed member’s speech MUMBAI: The Indian rupee is expected to open slightly lower on Tuesday, pressured by the US dollar’s advance on weak... Published 16 Jan, 2024 10:10am
Markets Dollar starts 2024 on firm footing, bitcoin surpasses $45,000 SINGAPORE: The dollar rose on the first trading day of the year as attention turned to economic data this week that... Published 02 Jan, 2024 09:42am
Business & Finance Australia, NZ dlrs at fresh five-month highs SYDNEY: The Australian and New Zealand dollars were celebrating fresh five-month highs on Thursday as markets went... Published 29 Dec, 2023 02:58am
Markets King dollar seen vulnerable in 2024 if Fed pivots NEW YORK: The Federal Reserve’s dovish December pivot has boosted the case for the weakening dollar to keep falling... Published 20 Dec, 2023 11:24am
Business & Finance Dollar eases against euro NEW YORK: The US dollar eased against the euro on Monday, extending last week’s fall, as the US currency remains... Published 19 Dec, 2023 05:20am
Business & Finance ECB governors see no dovish pivot before March, cut before June FRANKFURT: European Central Bank policymakers do not expect to change their message on the need for high interest... Published 18 Dec, 2023 10:20am
Business & Finance Barclays sees ECB delivering first rate cut in April The European Central Bank (ECB) will deliver its initial 25 basis points interest rate cut in April next year,... Published 15 Dec, 2023 11:05am
Markets Oil prices on track for first weekly rise in two months LONDON: Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a... Updated 15 Dec, 2023 03:36pm
Markets Dollar takes a dive after Fed signals rate cuts next year TOKYO: The dollar was under pressure on Thursday after the Federal Reserve’s latest economic projections indicated... Published 14 Dec, 2023 09:35am
Markets Yen hands back gains, dollar waits on CPI SINGAPORE: The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the... Published 12 Dec, 2023 09:41am
Markets Indian rupee to contend with uptick in US yields, paring of Fed cut expectations MUMBAI: The Indian rupee is likely to open slightly weaker on Monday, pressured by a rise in US Treasury yields... Published 11 Dec, 2023 10:43am
Markets India’s Nifty 50 set to open at all-time high BENGALURU: India’s benchmark index Nifty 50 is set to open at a new record high on Monday, continuing its rally from... Published 11 Dec, 2023 09:45am
Markets Germany’s DAX touches fresh record high PARIS: Germany’s benchmark index scaled a fresh all-time high on Wednesday after disappointing industrial orders... Published 07 Dec, 2023 04:35am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?