China stocks drop on hawkish Fed stance HONG KONG: Hong Kong stocks slumped, while China shares fell slightly on Wednesday after US Federal Reserve Chair... Published 09 Mar, 2023 06:23am
Markets Most major Gulf stocks slide as Powell spooks markets DUBAI: Most major Gulf stock markets closed lower on Wednesday after hawkish comments by US Federal Reserve Chair... Published 09 Mar, 2023 06:23am
Business & Finance Dollar dips from three-month highs NEW YORK: The dollar dipped modestly from three-month highs reached earlier on Wednesday as investors adjusted for... Published 09 Mar, 2023 06:23am
Markets Rupee registers back-to-back gains against US dollar Currency settles at 260.93 in inter-bank market Updated 23 Feb, 2023 07:47pm
BR Research FED on juice: Delaying investment The government under the IMF pressure has imposed new taxes and increased the rates in some cases. One such case... Published 21 Feb, 2023 09:21am
Markets Indian shares decline on Fed worries BENGALURU: Indian shares fell on Friday, tracking Wall Street, after a fresh slate of US economic data underscored... Published 20 Feb, 2023 06:26am
Markets Oil settles down $2/bbl, ends week lower on Fed worries NEW YORK: Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future ... Published 20 Feb, 2023 06:26am
Business & Finance Dollar hits six-week high as traders ramp up Fed bets NEW YORK: The dollar hit a six-week high against a basket of currencies on Friday as traders ramp up bets that the... Published 20 Feb, 2023 06:26am
Business & Finance FED on beverages/juices under mini-budget: FBR chairman assures to resolve issue ISLAMABAD: Chairman Federal Board of Revenue (FBR) on Friday assured Aaron Fishman, Commercial Counselor US Embassy... Published 18 Feb, 2023 03:33am
Business & Finance Meeting IMF conditions to further fuel inflation: analyst KARACHI: Chairman of the National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals... Published 16 Feb, 2023 06:08am
Print New taxation measures of nearly Rs300bn finalised ISLAMABAD: The Federal Board of Revenue (FBR) has finalised proposals for new taxation measures of nearly Rs 300... Updated 10 Feb, 2023 08:55am
World Fed's Waller sees no sign of 'quick' decline in inflation WASHINGTON: Inflation seems poised to continue slowing this year but the U.S. central bank's battle to reach its 2%... Published 08 Feb, 2023 11:50pm
Markets European shares muted on caution ahead of Fed decision PARIS: European shares were muted on Wednesday ahead of a widely anticipated interest rate hike and accompanying... Published 02 Feb, 2023 06:12am
Business & Finance Fed delivers small rate hike, still expects ‘ongoing increases’ WASHINGTON: The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet... Published 02 Feb, 2023 06:12am
Markets Easing inflation worries lift Wall Street ahead of Fed decision NEW YORK: US stocks rose on Tuesday as labour cost data indicated that the Federal Reserve’s aggressive approach ... Published 01 Feb, 2023 07:31am
Markets Gulf stocks rise on hope of slower Fed rate hikes DUBAI: Stock markets in the Gulf ended higher on Sunday after cooling US inflation lifted expectations the Federal... Published 30 Jan, 2023 05:56am
Markets Gold jumps as US economic data suggest less-hawkish Fed path NEW YORK: Gold prices shot up over 1% on Friday as Treasury yields and the dollar fell after US economic data... Published 09 Jan, 2023 06:01am
Markets Wall St jumps as jobs, services data calm rate hike worries NEW YORK: Wall Street’s main indexes rallied on Friday as data that showed cooling wages and a contraction in US... Published 09 Jan, 2023 06:01am
Markets Wall St drops as tight labour market, Fed officials’ views fan rate hike fears NEW YORK: Wall Street’s main indexes fell sharply on Thursday as fresh evidence of a tight labor market and ... Published 06 Jan, 2023 05:58am
Markets Most major Gulf stock markets fall on hawkish Fed DUBAI: Most major Gulf stocks ended lower on Thursday after a hawkish message from minutes of the US Federal... Published 06 Jan, 2023 05:58am
Markets 12th consecutive fall: rupee records marginal loss against US dollar Currency down Re0.17 to close at 227.12 against dollar Updated 05 Jan, 2023 06:40pm
Business & Finance US job openings remain elevated; manufacturing slump continues WASHINGTON: US job openings fell less than expected in November as the labor market remains tight, which could see... Published 05 Jan, 2023 05:58am
Markets US stocks close higher as investors eye data for rate prospects NEW YORK: The S&P 500 closed higher on Friday, in a light trading day ahead of a long weekend, as investors... Published 26 Dec, 2022 05:48am
Business & Finance US dollar weakens NEW YORK: The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the US... Published 26 Dec, 2022 05:48am
Business & Finance Fed’s preferred inflation gauge eases while spending stalls WASHINGTON: A key indicator of US inflation edged down in November, according to government data released Friday, in... Published 24 Dec, 2022 05:50am
Opinion Fed’s balance sheet drawdown could sunset next year The Federal Reserve’s ongoing efforts to shrink its balance sheet may end earlier than once thought, even as the ... Published 23 Dec, 2022 06:14am
Markets Nasdaq dives on Fed rate hike worries, rout in chipmakers NEW YORK: The Nasdaq index tumbled nearly 3% on Thursday after a fresh batch of data showing a resilient economy... Published 23 Dec, 2022 05:54am
Markets Rupee remains stable against US dollar Currency remains unchanged, closes at 224.71 Updated 15 Dec, 2022 07:50pm
Markets Massive selling pressure: KSE-100 plummets over 550 points Political uncertainty over schedule of general elections and US Fed Reserve's rate hike hit investors' sentiment Updated 15 Dec, 2022 05:33pm
Print Fed raises rates by half percentage point, sees economy nearing stall WASHINGTON: The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least... Published 15 Dec, 2022 06:00am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?