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
Markets Technology, energy stocks drive S&P 500 to record high NEW YORK: The S&P 500 hit a record high on Thursday, boosted by gains in heavyweight technology and energy... Published 03 Sep, 2021 04:58am
Business & Finance Dollar lower after initial claims NEW YORK: The dollar was weaker on Thursday following data on the labor market, while the euro remained near a... Published 03 Sep, 2021 04:58am
Markets Tech stocks power Nasdaq to record high Tech stocks lead gains; Apple hits record high August private jobs growth misses expectations Indexes: Dow down 0.13%, S&P up 0.13%, Nasdaq adds 0.56% Published 01 Sep, 2021 08:22pm
Markets Dollar pinned near three-week low as U.S payrolls test looms The US currency was about flat at $1.18015 per euro , after touching the weakest since Aug. 5 at $1.1845 in the previous session Published 01 Sep, 2021 09:44am
Markets S&P 500, Nasdaq hit record highs as taper fears calm Technology stocks jump to top sectoral gains Energy shares track weaker oil prices lower S&P 500 tracks longest monthly winning streak since 2018 Indexes: S&P up 0.3%, Nasdaq adds 0.6%, Dow off 0.1% Updated 30 Aug, 2021 07:32pm
Markets Asian markets mostly rise as Fed's Powell takes centre stage HONG KONG: Asian markets mostly rose Friday ahead of a much-anticipated speech by Federal Reserve chief Jerome ... Published 30 Aug, 2021 06:33am
Markets Wall Street Week Ahead: A blazing US stock rally faces market's toughest month NEW YORK: A rally in which US stocks have doubled from post-pandemic lows is about to enter the year's worst month... Published 30 Aug, 2021 06:33am
Markets Fed's Powell in spotlight as markets await taper plans Powell's speech is not likely to provide any breaking insights, said veteran Fed-watcher Mickey Levy of Berenberg Capital Markets Published 27 Aug, 2021 09:58am
Markets Mining, gold stocks drag Australia shares lower on rising virus cases The benchmark ASX 200 index lost 0.54% to end at 7,491.2 as new daily COVID-19 cases in the country topped 1,000 on Thursday for the first time ever Published 26 Aug, 2021 01:17pm
Markets China stocks snap 3-day rising streak as property market slowdown weighs The blue-chip CSI300 index closed 2% lower at 4,801.61 points, while the Shanghai Composite Index lost 1.2% to 3,501.66 points Published 26 Aug, 2021 01:15pm
Business & Finance Sterling steady in sluggish markets LONDON: Sterling was little changed on Wednesday, slipping slightly against the dollar but lacking direction overall... Published 26 Aug, 2021 04:52am
Markets Renewed recovery optimism provides further boost to stocks, crude A call by China's central bank for more economic support and a move to keep borrowing costs down also provided some cheer to the region Published 24 Aug, 2021 09:44am
Business & Finance Early trade: Dollar dips after last week’s climb NEW YORK: The US dollar slid on Monday, after posting its biggest weekly rise in more than two months last week,... Published 24 Aug, 2021 05:02am
Print Auto factories push US industrial production higher than expected in July WASHINGTON: American auto assembly lines continued working last month, pushing industrial production above analysts'... Published 18 Aug, 2021 04:25am