Indian rupee pressured by Fed rate outlook, helped by dip in oil prices MUMBAI: The Indian rupee is likely to open little changed on Thursday amid expectations that US interest rates will... Published 18 Apr, 2024 10:15am
Markets Dollar steady, yen fragile after Fed comments dash rate cut bets SINGAPORE: The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from... Published 17 Apr, 2024 09:57am
Markets Dollar takes a breather ahead of US jobs data SINGAPORE: The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve... Published 04 Apr, 2024 09:40am
Markets Oil steady, bolstered by lower supply concerns LONDON: Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output... Updated 04 Apr, 2024 09:09pm
Markets London stocks open lower following global downturn; Dr. Martens shines British stocks opened lower on Wednesday, mirroring a global market retreat as investors weighed chances of a more... Published 03 Apr, 2024 12:47pm
Markets Gold hovers below record peak as US dollar, yields firm after upbeat data Gold prices on Tuesday hovered below record highs hit in the previous session, as the US dollar and Treasury yields... Published 02 Apr, 2024 10:09am
Business & Finance IMF’s Georgieva urges central bank independence amid election-year rate-cut pressures WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that central banks... Published 21 Mar, 2024 03:23pm
Markets Gold holds ground as investors seek direction from Fed Gold held steady on Tuesday as investors stayed on the sidelines ahead of the US Federal Reserve policy meeting this... Published 19 Mar, 2024 10:15am
Markets Gold rally hits pause ahead of US inflation data Gold prices took a breather from a record-breaking rally on Monday, which was fuelled by a cooling US labor market... Published 11 Mar, 2024 09:26am
Markets Yuan holds steady, US payrolls and China inflation in focus SHANGHAI: China’s yuan held steady against a weakening US dollar, as US yields slipped after Federal Reserve Chair... Published 08 Mar, 2024 10:04am
Markets Dollar droops ahead of payrolls SINGAPORE: The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome... Published 08 Mar, 2024 09:57am
Markets Most Gulf markets in red ahead of key Fed Powell testimony Major stock markets in the Gulf fell in early trade on Wednesday ahead of congressional testimony from Federal... Published 06 Mar, 2024 01:16pm
Markets Nickel falls on improved supply prospect from Indonesia BEIJING: Nickel prices fell on Wednesday as traders eyed better supply from top producer Indonesia, while a steady... Published 06 Mar, 2024 10:33am
Markets Dollar firm before Powell speech, bitcoin stabilises after breaking record TOKYO: The US dollar was largely steady on Wednesday, as traders avoided making big bets ahead of congressional... Published 06 Mar, 2024 09:55am
Markets Australian dollar gets commodity lift, NZ bonds left struggling SYDNEY: The Australian and New Zealand dollars enjoyed a rare rally on Wednesday as commodity prices showed some... Published 23 Aug, 2023 09:39am
Markets BIS warns world economy at critical juncture in inflation fight LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for... Published 25 Jun, 2023 05:50pm
Markets Wall Street opens lower as hawkish Fed saps market mood Wall Street’s main indexes opened lower on Friday as investor sentiment remained damp due to the hawkish... Published 23 Jun, 2023 07:27pm
Markets Oil down after Fed comments, U.S. crude stock build LONDON: Oil prices dipped on Thursday, having hit their lowest since late 2021 earlier this week, after Federal... Updated 23 Mar, 2023 05:13pm
World US prepared to return to bigger rate hikes if strong data persists: Powell WASHINGTON: The United States is prepared to increase the pace of interest rate hikes if strong economic data... Published 07 Mar, 2023 11:37pm
Markets Most Asian currencies largely subdued ahead of Powell’s testimony Most Asian currencies edged lower on Tuesday, led by the Indonesian rupiah, as investors pulled back from risky... Published 07 Mar, 2023 10:01am
Markets Asian markets start positively, China shares slump HONG KONG: Asian markets mostly rose on Monday over murmurs that the US Federal Reserve may loosen its monetary... Published 06 Mar, 2023 09:59am
Markets Asian currencies rise, stocks mixed as focus on US CPI data Indonesia’s rupiah led emerging Asian currencies higher on Wednesday, while equities in the region were mixed, as... Published 11 Jan, 2023 12:28pm
Markets Tokyo shares close higher TOKYO: Tokyo stocks closed higher Wednesday following gains on Wall Street, as investors awaited all-important US... Updated 11 Jan, 2023 12:20pm
World US central bank will not be ‘climate policymaker’: Powell WASHINGTON: The US Federal Reserve “will not be a ‘climate policymaker,’” Chair Jerome Powell said Tuesday, adding... Published 10 Jan, 2023 07:04pm
Markets Gold prices steady as focus shifts to Powell’s speech Gold prices were steady on Tuesday, with cautious traders largely focusing on Federal Reserve Chair Jerome Powell’s... Published 10 Jan, 2023 09:27am
Markets Wall St slides after release of data NEW YORK: Wall Street gave up gains made earlier on Thursday as a contraction in manufacturing activity last month... Published 02 Dec, 2022 05:47am
Markets Tokyo stocks close lower ahead of US Fed chair address TOKYO: Tokyo stocks closed lower on Wednesday in cautious trade, tracking Wall Street losses as markets awaited... Updated 30 Nov, 2022 01:28pm
Markets Dollar rallies as Fed signals more rate hikes; pound drops LONDON: The dollar rose on Thursday, buoyed by a sharp rise in Treasury yields, after the Federal Reserve signaled... Updated 03 Nov, 2022 02:20pm
Markets Japan’s Nikkei posts worst weekly loss in 3 months on rate angst SINGAPORE/TOKYO: Japan’s Nikkei share average marked its worst week in nearly three months on Friday, while the... Updated 02 Sep, 2022 12:17pm
Markets Gold prices up over 1% after US Fed softens stance Gold prices climbed more than 1% on Thursday after US Federal Reserve Chair Jerome Powell ruled out large,... Published 05 May, 2022 11:59am