Wall St slides as hot consumer prices data fans inflation fears NEW YORK: Wall Street’s main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened ... Published 11 Nov, 2021 05:20am
Markets Yields fall, curve flattens after strong US jobs data CHICAGO: US Treasury yields tumbled and the curve flattened in choppy trading on Friday amid uncertainty as to how... Published 08 Nov, 2021 05:19am
Markets Frankfurt’s DAX hits all-time highs FRANKFURT: Germ-any’s bluechip DAX index closed above the 16,000 mark for the first time ever on Thursday, a day... Published 05 Nov, 2021 04:39am
Markets Wall Street posts gains after Fed unveils anticipated bond-buying ‘taper’ NEW YORK: US stocks gained on Wednesday, with major indexes hitting record highs, as the Federal Reserve said it ... Published 05 Nov, 2021 04:39am
Opinion As Fed kicks off taper, some investors seek to dial down risk Gertrude The Fed's well-telegraphed taper announcement has done little to soothe the nerves of some investors, who remain on... Published 05 Nov, 2021 04:39am
Markets Stocks mostly rise as Fed to begin tapering but BoE holds fire LONDON: Global stock markets mostly rose Thursday, a day after the Federal Reserve said it would start "tapering" ... Published 04 Nov, 2021 07:06pm
Markets Hong Kong shares track Wall St record at open HONG KONG: Hong Kong stocks rose at the open of business Thursday morning following another record on Wall Street... Published 04 Nov, 2021 10:25am
Markets Stocks steady before Fed decision on stimulus LONDON: Stock markets steadied and the dollar retreated Wednesday, with investors biding their time ahead of a... Published 03 Nov, 2021 06:24pm
Markets Global shares linger at peaks ahead of Fed move HONG KONG: Global shares hovered at record highs while currency markets and US Treasuries were steady on Wednesday,... Published 03 Nov, 2021 10:30am
Markets Tokyo leads gains in most Asian markets but China data hits Hong Kong HONG KONG: Most Asian markets rose Monday, with Tokyo leading the way as a win for Japan's ruling party in a weekend... Published 01 Nov, 2021 09:06am
Business & Finance Fed set to begin stimulus taper amid sticky inflation WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last... Published 01 Nov, 2021 06:09am
Markets US yields mixed amid rate policy uncertainty NEW YORK: US Treasury yields were mixed on Friday, with some maturities pulling back from highs, as selling eased... Published 01 Nov, 2021 05:20am
Markets US Fed set to begin stimulus taper amid sticky inflation WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last... Published 31 Oct, 2021 10:53am
Markets Commodity currencies at multi-month highs, sterling firm on BoE rate hike bets TOKYO: Commodity currencies stood near multi-month highs on Thursday on strong raw material prices, while the... Published 21 Oct, 2021 10:55am
Business & Finance Dollar firms NEW YORK: The dollar gained slightly on the day on Monday as Treasury yields rose on expectations the Federal ... Published 19 Oct, 2021 03:52am
Business & Finance Japan scrutinising impact of yen fall on its economy, says minister TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday the government will scrutinise the fallout from... Published 18 Oct, 2021 04:42am
Markets Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow NEW YORK: The Nasdaq rose on Wednesday as investors moved into the perceived safety of technology stocks amid... Published 14 Oct, 2021 04:14am
Business & Finance Dollar trades near one-year high after inflation data NEW YORK/LONDON: The dollar held near a one-year high on Wednesday after U.S. inflation data showed prices rose... Published 14 Oct, 2021 04:14am
Markets Wall Street closes lower on jitters ahead of earnings, Fed minutes NEW YORK: U.S. stocks finished lower on Tuesday, extending losses late as investors grew more jittery in the run up... Published 13 Oct, 2021 02:27am
Markets Dollar holds near 14-month high to euro on inflation fears TOKYO: The safe-haven dollar held close to a 14-month high against the euro on Thursday as a surge in energy prices... Published 07 Oct, 2021 11:11am
Markets Asia FX firms as Treasury yields retreat, awaits US data Asia's emerging currencies edged higher on Thursday as Treasury yields retreated on signs of a deal to avert a US... Published 07 Oct, 2021 10:22am
World Wall St falls as private jobs data sparks taper fears NEW YORK: U.S. stock indexes fell on Wednesday after a strong showing of private jobs in September fueled bets that... Published 07 Oct, 2021 04:25am
Business & Finance Dollar makes broad gains on inflation worries NEW YORK: The dollar rose on Wednesday toward the 1-year high touched last week as surging energy prices fuelled... Published 07 Oct, 2021 04:25am
Markets Gold dips on rising dollar, bond yields; US payrolls in focus Gold prices fell on Wednesday, pressured by a firmer dollar and rising US Treasury yields, while investors focused ... Published 06 Oct, 2021 10:55am
Print Fitch Ratings revises PKR forecasts downwards ISLAMABAD: Fitch Ratings has revised downward its forecasts for the Pakistani rupee, ie, from Rs165 to Rs180 for ... Published 01 Oct, 2021 03:11am
Print Fed officials depart amid scrutiny over investment trades WASHINGTON: Two Federal Reserve officials who came under scrutiny for investment trades they made last year ... Published 29 Sep, 2021 04:01am
Business & Finance Dollar lifted by higher Treasury yields NEW YORK/LONDON: The US dollar gained for a second straight session on Monday, bolstered by the rise in Treasury... Published 28 Sep, 2021 05:12am
Opinion Fed’s bond-buying programme may be on the way out, but it’s not going far The Federal Reserve will start to shutter its pandemic-era bond-buying program later this year, leaving the US... Published 25 Sep, 2021 04:59am
Markets Wall Street extends rally as value stocks bounce NEW YORK: The S&P 500 and the Dow indexes were set for their best day in two months on Thursday as investors... Published 24 Sep, 2021 04:40am
Markets Investors look ahead to rate hikes with Fed tapering plan all but certain Stocks held onto their gains after the Fed's statement, with the S&P 500 closing up nearly 1% Published 23 Sep, 2021 12:10pm
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?