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
Markets Australia, NZ dollars under pressure, test depth of support The property developer is due to pay interest on one of its dollar bonds on Thursday, and a default might trigger another round of global risk aversion Published 23 Sep, 2021 11:34am
Markets Nikkei hits two-week low on caution before US Fed meet TOKYO: The Nikkei hit a more than two-week low on Wednesday as investors looked ahead warily to the outcome of a ... Published 23 Sep, 2021 04:35am
Business & Finance Dollar edges lower ahead of Fed NEW YORK: The U.S. dollar slipped ahead of a policy announcement by the Federal Reserve on Wednesday, while... Published 23 Sep, 2021 04:35am
Markets Gold treads water in run-up to US Fed decision Gold prices steadied on Wednesday as investors braced for the outcome of a US Federal Reserve meeting and chief... Published 22 Sep, 2021 05:13pm
Markets Stocks, dollar mostly higher before Fed LONDON: Stock markets mostly rose Wednesday, recovering further from recent sharp losses on easing concerns over... Published 22 Sep, 2021 04:31pm
Markets Fed may hint at ending stimulus, but no big moves expected The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December Published 22 Sep, 2021 10:14am
Business & Finance Dollar holds near 1-month high NEW YORK: The US dollar held around the unchanged mark near a one-month high as global markets bounced somewhat on... Published 22 Sep, 2021 03:48am
Markets Wall Street ends near flat on cautious note ahead of Fed NEW YORK: U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over troubles ... Updated 22 Sep, 2021 01:37am
Markets Russian rouble recovers some ground, Rosneft shares jump The rouble was 0.2% stronger against the dollar at 73.25 and had gained 0.2% to trade at 85.94 versus the euro Published 21 Sep, 2021 01:27pm
Markets Dollar hits 3-week high, boosted by recent upbeat data NEW YORK/LONDON: The dollar climbed to three-week peaks on Friday, still benefiting from better-than-expected U.S.... Published 18 Sep, 2021 04:02am
Business & Finance Dollar sags as weaker-than-expected US inflation continues to weigh NEW YORK: The dollar weakened against major currencies on Wednesday after softer-than-expected U.S. inflation data... Published 16 Sep, 2021 04:02am
Print Fed must break up Wells Fargo: Warren WASHINGTON: US Senator Elizabeth Warren on Tuesday called on the Federal Reserve to break apart Wells Fargo, arguing... Updated 15 Sep, 2021 10:02am
Business & Finance Dollar retreats after US inflation slows NEW YORK: The dollar weakened on Tuesday after data showed a less-than-expected rise in US inflation last month,... Published 15 Sep, 2021 04:19am
Business & Finance Aluminium breaks $3,000 on supply concerns, equities mixed HONG KONG: Aluminium broke $3,000 a tonne for the first time in 13 years Monday on supply concerns while equity... Updated 13 Sep, 2021 01:56pm
Markets Wall Street falls as growth worries grip investors NEW YORK: Wall Street indexes dropped on Wednesday on concerns that the spread of the Delta coronavirus variant ... Published 09 Sep, 2021 03:56am
Business & Finance Fed's Bullard says stimulus tapering should begin this year There is plenty of demand for workers and there are more job openings than there are unemployed workers Published 08 Sep, 2021 10:51am