Hong Kong shares rise HONG KONG: Hong Kong shares rose on Thursday after an upbeat economic outlook from the US Federal Reserve boosted... Published 17 Dec, 2021 04:30am
Business & Finance Sterling turns lower before Fed decision LONDON: The British pound’s early gains fizzled on Wednesday as investors moved to the sidelines before a Federal... Published 16 Dec, 2021 04:00am
World Fed sees three interest rate hikes in 2022 as inflation fight begins WASHINGTON: The Federal Reserve, signaling its inflation target has been met, on Wednesday said it would end its... Updated 16 Dec, 2021 12:22am
Markets Wall Street dips ahead of Fed announcement US stock indexes dipped on Wednesday ahead of a policy announcement by the Federal Reserve later in the day, as the... Published 15 Dec, 2021 07:58pm
Business & Finance US Fed opens policy meeting focused on inflation threat WASHINGTON: The Federal Reserve opened its two-day policy meeting on Tuesday, focused squarely on how to address the... Updated 14 Dec, 2021 08:25pm
Markets In year-end meetings, top central banks may diverge over inflation, Omicron Major central banks meet this week to assess risks from the new Omicron variant of the coronavirus even as they... Published 14 Dec, 2021 12:44pm
Markets Australia, NZ dollars struggle to break resistance SYDNEY: The Australian and New Zealand dollars dipped against the greenback on Monday, struggling to break above... Published 14 Dec, 2021 06:40am
Markets Dollar edges up, euro falls before central bank meetings The dollar edged higher on Monday as investors braced for a batch of central banks' policy meetings this week,... Published 13 Dec, 2021 03:55pm
Markets Asian stocks, currencies gain as Omicron worries fade Emerging Asia's stocks and currencies rose on Monday as worries over the fallout from the new coronavirus variant... Published 13 Dec, 2021 11:12am
Markets Dollar steady as traders wait for central banks, pound inches lower on COVID fears HONG KONG: The dollar was quiet at the start of a week in which central bank meetings, including by the Federal... Published 13 Dec, 2021 09:18am
Editorials Richest 1pc club EDITORIAL: It’s strange that on the one hand the pandemic, which is by no means over yet, has already increased... Published 12 Dec, 2021 04:19am
Markets Wall Street rises as inflation data meets estimates NEW YORK: U.S. stock indexes rose on Friday after data showed consumer prices rose largely in line with estimates... Published 11 Dec, 2021 04:12am
Markets Toronto index up as energy stocks boost TORONTO: Energy stocks helped Canada’s main stock index rise on Monday, as oil prices jumped after concerns around... Published 07 Dec, 2021 06:29am
Business & Finance Dollar holds gains NEW YORK: The dollar rose on Friday after the release of a weaker-than-expected US jobs report, which still showed... Published 04 Dec, 2021 04:23am
Business & Finance Australia, NZ dollars left far behind as Fed sets the rate pace SYDNEY: The Australian and New Zealand dollars were clinging to support on Thursday as the risk of early Federal... Published 03 Dec, 2021 04:31am
Business & Finance US dollar gains as Powell says risk of inflation has increased NEW YORK: The US dollar strengthened on Tuesday after Federal Reserve Chair Jerome Powell said the risk of inflation... Published 01 Dec, 2021 03:52am
World Omicron variant raises new fears for pandemic-hit world economy WASHINGTON: Just as it was recovering from the body blow of the Covid-19 pandemic, the global economy has taken yet... Updated 30 Nov, 2021 11:43am
Markets Gold firms as Omicron risks buoy safe-haven appeal LONDON: Gold firmed near the $1,800 level on Monday as investors sought cover from the likely risks to the global... Published 30 Nov, 2021 05:28am
Business & Finance Sterling hits fresh lows vs dollar, euro LONDON: Sterling fell on Thursday to a fresh 2021 low against the dollar and to a nine-day low versus the euro as... Published 26 Nov, 2021 05:15am
Opinion Investors bet Powell’s Fed will get more aggressive on inflation Investors are betting that newly renominated Federal Reserve Chairman Jerome Powell will need to step up the pace at... Published 24 Nov, 2021 05:18am
Business & Finance Sterling touches lowest level in 2021 vs dollar LONDON: Sterling slipped on Tuesday to its lowest level versus the dollar this year as traders assessed the impact ... Published 24 Nov, 2021 05:18am
Business & Finance Dollar gains, euro recovers on better than expected data NEW YORK: The dollar index held near 16-month highs on Tuesday after Federal Reserve Chair Jerome Powell was picked... Published 24 Nov, 2021 05:18am
Markets S&P 500 at record high as banks rally on Powell nomination NEW YORK: The S&P 500 hit a record high on Monday after President Joe Biden picked Federal Reserve Chair Jerome... Published 23 Nov, 2021 03:54am
World Biden nominates Powell for new term heading Fed: W.House WASHINGTON: US President Joe Biden on Monday nominated Jerome Powell for a second term as Federal Reserve Chair,... Updated 22 Nov, 2021 08:08pm
Markets Long-dated yields tumble on Covid fears NEW YORK: Long-dated US Treasury yields tumbled on Friday as concerns about new lockdowns related to the spread of... Published 22 Nov, 2021 05:31am
Markets Asian markets swing as traders keep worried eye on inflation HONG KONG: Asian equity markets fluctuated Monday following a recent run-up, as investors struggled to keep up with... Published 16 Nov, 2021 04:26am
Markets Dollar eases from 16-month high as market seeks clues on Fed policy TOKYO: The dollar eased back from near an almost 16-month high versus major peers on Monday, as traders awaited ... Published 15 Nov, 2021 11:44am
Business & Finance Canadian dollar steadies near 5-week low TORONTO: The Canadian dollar was little changed against the greenback on Friday, holding near its weakest level in... Published 13 Nov, 2021 04:08am
Business & Finance Dollar climbs after hot US inflation; euro dips NEW YORK: The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the... Published 12 Nov, 2021 04:46am
Markets Australia shares extend losses for fourth day on US inflation threat Australian shares on Thursday extended losses for a fourth session, with healthcare and energy firms weighing the... Published 11 Nov, 2021 10:46am
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn