Fed’s Williams expects rates to come down as inflation pressures ease Federal Reserve President John Williams said on Tuesday interest rates will come down gradually over time, but he... Updated 19 Jun, 2024 08:52am
Markets Gold prices up as US bond yields ease, Fed speakers in focus Gold prices edged higher on Tuesday as Treasury yields eased, with market participants awaiting US data and comments... Published 18 Jun, 2024 10:18am
Business & Finance US dollar rallies after jobs report NEW YORK: The US dollar jumped on Friday after data showed the world’s largest economy created a lot more jobs ... Published 08 Jun, 2024 07:00am
World Fed seen more likely to cut rates in Sept after PCE data The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department... Published 31 May, 2024 07:05pm
Markets China stocks close down as investors await inflation data SHANGHAI: Chinese stocks closed down on Tuesday as traders awaited key inflation data from major economies this week... Published 29 May, 2024 06:05am
Markets Qatar index hits 7-month low as most Gulf bourses slip DUBAI: Stock markets in the Gulf slipped on Monday as investors turned cautious ahead of the US inflation data this... Published 28 May, 2024 05:30am
Markets Oil prices rise after positive US economic data LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,... Updated 16 May, 2024 07:37pm
Business & Finance Fed gets some good news on inflation progress Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some... Published 15 May, 2024 08:53pm
Business & Finance US Fed official now sees just one rate cut at end of 2024 WASHINGTON: The current strength of the US economy means the Federal Reserve should cut interest rates just once... Published 03 Apr, 2024 09:50pm
Business & Finance US Fed official predicts higher long-term interest rates WASHINGTON: A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest... Published 02 Apr, 2024 09:52pm
Business & Finance US Fed expected to keep rates on hold and debate timing of cuts WASHINGTON: The US Federal Reserve could provide additional clues on Wednesday about how much it will cut interest... Published 20 Mar, 2024 06:36pm
Business & Finance US Fed kicks off rate meeting with timing of cuts up for discussion WASHINGTON: The US Federal Reserve began two days of discussions on Tuesday at which policymakers are expected to... Published 19 Mar, 2024 07:17pm
Markets Dollar steadies as traders weigh hotter-than-expected inflation TOKYO: The US dollar held steady against a handful of rival currencies on Wednesday, as traders weighed what impact... Published 13 Mar, 2024 09:55am
Business & Finance Asian FX in ‘wait and watch’ mode ahead of US CPI BENGALURU: Most Asian currencies were subdued on Tuesday as traders refrained from making fresh bets ahead of a key... Published 13 Mar, 2024 06:31am
Markets SBP-held foreign exchange reserves decrease $173mn, now stand at $8.04bn Central bank attributes decrease in reserves to debt repayments Published 09 Feb, 2024 08:09pm
Markets Hong Kong stocks open slightly higher HONG KONG: Hong Kong stocks opened with small gains Thursday following a two-day plunge, as traders brushed off... Published 01 Feb, 2024 12:51pm
Business & Finance Asian currencies hit multi-month lows BENGALURU: Most Asian currencies hit multi-month lows on Wednesday, after the US dollar received a boost from bets... Published 01 Feb, 2024 04:52am
Business & Finance US Fed rate decision could hold clues on timing of future cuts WASHINGTON: The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive... Published 31 Jan, 2024 08:15pm
Markets S&P 500 hits fresh high after inflation data NEW YORK: The benchmark S&P 500 scaled another record high on Friday after an in-line inflation print signaling... Published 27 Jan, 2024 06:20am
Business & Finance Dollar retreats after inflation data NEW YORK: The US dollar fell on Friday, after data showed inflation rose modestly in December but was trending ... Published 27 Jan, 2024 06:20am
Markets Wall Street Week Ahead: Epic Treasury rally may be running out of fuel as Fed pivot priced in NEW YORK: A surge in US government bonds has helped lift stocks and heightened investors’ appetite for risk. Now... Published 18 Dec, 2023 06:42am
World Fed seen on policy hold until May as inflation edges up The Federal Reserve is seen holding off on any interest-rate cuts until at least May of next year, after a... Updated 12 Dec, 2023 10:41pm
Markets European shares climb ahead of economic data, Fed’s Powell remarks European shares gained on Friday as investors cheered growing prospects of rate cuts on cooler-than-expected... Published 01 Dec, 2023 02:40pm
Markets Wall St pares gains as rate-cut cheer ebbs after latest Fed comments NEW YORK: Wall Street’s three main indexes were muted at mid-day after a strong start on Wednesday, following... Published 30 Nov, 2023 04:53am
Business & Finance US Fed official ‘encouraged’ by progress against inflation WASHINGTON: The US Federal Reserve is making encouraging progress in the fight against inflation, a senior bank... Published 28 Nov, 2023 08:26pm
Markets IT stocks power Indian blue-chips to four-week highs BENGALURU: Indian blue-chip indexes shrugged off a weak start on Thursday to end at four-week highs as IT stocks... Published 17 Nov, 2023 06:06am
World US weekly jobless claims rise more than expected WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last... Published 16 Nov, 2023 06:54pm
Markets Dollar holds ground as macro data hints at later Fed rate cut TOKYO: The dollar held its ground early on Thursday after a volatile two days that saw sharp declines followed by a... Published 16 Nov, 2023 09:47am
Markets Wall St inches up as markets await Fed speakers amid rate-cut hopes NEW YORK: Wall Street’s main indexes edged higher on Monday as investors geared up for commentary by a slew of... Published 07 Nov, 2023 06:33am
Markets India rupee to rally after data reaffirms Fed done with rate hikes MUMBAI: The Indian rupee is expected to rise at open on Monday after softer-than-expected US jobs data reinforced... Published 06 Nov, 2023 11:19am
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