Dollar advances after hawkish Fed; pound sinks as BoE warns of ‘very challenging’ outlook LONDON/NEW YORK: The dollar firmed on Thursday, after the Federal Reserve signalled US interest rates will likely... Published 04 Nov, 2022 05:56am
Markets Rupee weakens further, settles at 221.95 against US dollar Depreciation comes as US dollar strengthens against other currencies after Federal Reserve's decision to hike policy rate by 75 basis points Updated 03 Nov, 2022 09:32pm
Business & Finance Indian rupee dips MUMBAI: The Indian rupee weakened slightly against the US currency on Wednesday on dollar demand from importers,... Published 03 Nov, 2022 05:50am
Business & Finance US dollar pulls back as markets price in slower Fed hikes from December NEW YORK/LONDON: The US dollar sank against major currencies on Tuesday, on some expectation that the Federal ... Published 02 Nov, 2022 04:37am
Markets Wall Street drops as megacaps weigh amid Fed rate debate NEW YORK: Wall Street’s main indexes fell on Monday, bogged down by a drop in shares of Apple and other megacaps,... Published 01 Nov, 2022 05:55am
Markets Wall Street Week Ahead: Hopeful US stock rally set for date with Federal Reserve reality NEW YORK: A bounce in US stocks that has defied a barrage of major earnings disappointments faces a key test in the... Published 31 Oct, 2022 05:55am
Markets Asian markets rally with Wall St on rate hope, healthy earnings HONG KONG: Asian stocks rose Wednesday to build on another strong performance in New York following more healthy... Published 26 Oct, 2022 10:17am
Markets Yields down tracking easing US peers; state debt sale in focus MUMBAI: Indian government bond yields were down in early trading on Tuesday, amid value buying from investors after... Published 25 Oct, 2022 10:47am
Markets Wall Street rises on hopes of less-aggressive Fed as business activity shrinks NEW YORK: US stock indexes climbed on Monday as shrinking business activity lifted hopes of a less aggressive... Published 25 Oct, 2022 05:51am
Markets Dollar extends gains on Fed rate hike expectations HONG KONG: The dollar extended gains Friday on expectations the Federal Reserve will press ahead with its programme... Published 21 Oct, 2022 10:21am
Business & Finance Fed may have to slow or stop balance sheet trimming in 2023, Barclays says NEW YORK: The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than... Published 20 Oct, 2022 07:45pm
Markets Indian shares track Asian peers lower on rate hike fears BENGALURU: Indian shares opened lower on Thursday, following dour sentiment in other Asian markets for risky assets... Published 20 Oct, 2022 11:03am
Markets Oil rises on tight supplies, China possibly easing COVID curbs LONDON: Oil prices rose by more than $1 on Thursday in response to tighter supplies and on news that China is... Updated 20 Oct, 2022 07:57pm
Markets Fed and ECB right to tighten policy: IMF’s Gopinath BERLIN: Inflation in the United States is “very stubborn” and the Federal Reserve should “stay the course” and... Published 17 Oct, 2022 12:45pm
Markets Asian currencies mixed despite hot US CPI, shares rise Most Asian currencies were mixed against a volatile dollar on Friday as investors digested a red-hot U.S inflation... Published 14 Oct, 2022 10:45am
World US consumer prices increase more than expected in September; weekly jobless claims rise WASHINGTON: US consumer prices increased more than expected in September and underlying inflation pressures... Published 13 Oct, 2022 06:29pm
Markets Hong Kong stocks end down on rate hike fears HONG KONG: Stocks in Hong Kong tumbled Monday, in line with losses across global markets after a forecast-beating US... Updated 10 Oct, 2022 01:32pm
Markets Asian FX mixed on choppy dollar, stocks rise on improved sentiment Most emerging Asian currencies were mixed against a choppy greenback on Wednesday, with the South Korean won and... Published 05 Oct, 2022 11:36am
Markets Equities extend rally on rate hopes, traders await OPEC decision HONG KONG: Asian investors joined their Wall Street and European counterparts in an equity buying spree Wednesday as... Published 05 Oct, 2022 09:56am
Markets South Korea, US agree to implement liquidity measures if needed SEOUL: The United States and South Korea agreed on Saturday to implement liquidity facilities to stabilise financial... Published 01 Oct, 2022 11:51am
Markets Wall Street deep in bear market as S&P 500 hits new two-year low NEW YORK: Wall Street’s main indexes sank deeper into a bear market on Tuesday as an early rally in stocks ... Published 28 Sep, 2022 05:51am
Markets Wall Street Week Ahead: Investors wonder when vicious sell-off in US stocks will end NEW YORK: A week of heavy selling has rocked US stocks and bonds, and many investors are bracing for more pain ... Published 26 Sep, 2022 06:07am
Markets World markets plunge on growing recession fears LONDON: Stock markets tumbled, the pound crashed against the dollar and oil prices slumped Friday on growing... Published 26 Sep, 2022 06:07am
Markets Tech, financial stocks drag Wall Street lower as growth concerns mount NEW YORK: Technology and financial stocks pulled Wall Street’s main indexes lower for a third straight session on... Published 23 Sep, 2022 05:50am
Business & Finance Indian shares fall BENGALURU: Indian shares ended lower on Thursday, while the rupee closed at a record low, after the US Federal... Published 23 Sep, 2022 05:50am
World Central banks raise rates again as Fed drives global inflation fight FRANKFURT: A host of central banks from across the world raised interest rates again on Thursday, following the U.S.... Published 22 Sep, 2022 06:14pm
Markets Wall Street returns to positive stance after brief post-Fed wobble WASHINGTON: Wall Street’s main indexes returned to positive territory in mid-afternoon trading on Wednesday after ... Published 22 Sep, 2022 06:34am
Markets Saudi snaps 4-day losing streak in broader Gulf rebound DUBAI: Most stock markets in the Gulf rebounded on Tuesday, with the Saudi index snapping a four-day losing streak,... Published 21 Sep, 2022 05:57am
Business & Finance US dollar gains ahead of Fed; Swedish crown falls after hike LONDON/NEW YORK: The dollar rose on Tuesday, trading near a two-decade high, as investors held firm on expectation ... Published 21 Sep, 2022 05:57am
Markets Gulf bourses slide on elevated interest rate worries DUBAI: Gulf stocks ended lower on Monday amid concerns that central banks around the world are certain to increase... Published 20 Sep, 2022 05:51am