Wall St Week Ahead: As markets churn, investors hide in cash despite surging inflation NEW YORK: A tough year in markets is leading some investors to seek refuge in cash, as they capitalize on higher... Published 19 Sep, 2022 05:45am
Opinion No way around another recession? This is turning out to be a sombre week for international markets as they digest the upside August inflation ... Published 15 Sep, 2022 05:57am
Business & Finance Sterling creeps higher LONDON: Sterling tiptoed up on Tuesday despite data showing Britain’s jobs boom is fading, as the employment ... Published 14 Sep, 2022 04:45am
Markets Wall Street scores first weekly gain since mid-August NEW YORK: US stocks rallied on Friday, with the major indexes recording their first weekly gain in four weeks as... Published 12 Sep, 2022 06:01am
Markets Wall St Week Ahead: More worries for US stocks, bonds: Fed ramps up ‘QT’ NEW YORK: As the Federal Reserve accelerates the unwinding of its balance sheet this month, some investors worry ... Published 12 Sep, 2022 06:01am
World On Fed rate hikes, George calls for steadiness over speed Kansas City Federal Reserve Bank President Esther George on Friday made the case for a “sustained policy response”... Published 09 Sep, 2022 09:25pm
Markets Asian markets rally, dollar dips as traders price in policy tightening HONG KONG: Asian markets rallied Friday following a healthy performance on Wall Street, with investors largely... Published 09 Sep, 2022 09:18am
World Fed’s Powell hopeful inflation can be tamed without pain of Volcker era WASHINGTON: The Federal Reserve is “strongly committed” to fighting inflation, but there remains hope it can be done... Published 08 Sep, 2022 08:49pm
Business & Finance Walmart latest to tap bond market with $5bn offerings Walmart Inc will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap... Published 07 Sep, 2022 04:26pm
Markets Asian markets mixed as US jobs offset by recession fears HONG KONG: Asian markets were mixed Monday as the positive vibes from a US jobs report were offset by growing fears... Published 05 Sep, 2022 10:13am
Markets Wall Street Week Ahead: Defensives, energy, dividend plays gain favour as market swoons anew NEW YORK: Fresh volatility in US stocks is pushing some investors to hunker down in areas of the market that have... Published 05 Sep, 2022 06:04am
Markets Wall Street slumps for 4th straight session on Fed outlook NEW YORK: US stocks were lower for a fourth straight session on Wednesday and were poised for their weakest August... Published 01 Sep, 2022 05:50am
Markets Japanese shares track Wall Street lower but post second monthly gain TOKYO: Japanese shares posted their second straight monthly gain on Wednesday, even as benchmark indexes closed ... Published 01 Sep, 2022 05:50am
World Fed’s Mester: interest rates need to rise ‘somewhat above’ 4% The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them... Published 31 Aug, 2022 05:43pm
Markets Wall Street falls as job openings data adds to rate hike jitters NEW YORK: Wall Street’s main indexes fell on Tuesday as a sharp rise in job openings added to worries about the... Published 31 Aug, 2022 05:50am
World Fed could ‘dial back’ 75-basis-point hikes if inflation slows, Bostic says WASHINGTON: The Federal Reserve could have reason to ‘dial back’ from its 75-basis-point interest rate hikes if new... Published 30 Aug, 2022 08:28pm
Markets Wall Street hits fresh one-month lows on rate hike worries NEW YORK: US stock indexes hit fresh one-month lows on Monday, adding to a sharp selloff last week as investors... Published 30 Aug, 2022 06:21am
Markets Global growth worries keep FTSE 100 lower for third day UK’s blue-chip stock index slipped on Wednesday after a slew of global data highlighted growing risks of a... Published 24 Aug, 2022 01:28pm
Markets Most Gulf bourses in red on growth worries Major stock markets in the Gulf fell in early trade on Monday, as recession worries persisted amid concern the... Published 22 Aug, 2022 02:56pm
Markets Wall St Week Ahead: Summer rebound in US stocks gains fans among chart-watching investors NEW YORK: The rebound in US stocks is gaining believers among investors who study market trends, bolstering hopes ... Published 22 Aug, 2022 06:33am
Markets Oil prices down on recession jitters NEW YORK: Oil prices steadied on Friday, but fell for the week on a stronger US dollar and fears that an economic... Published 21 Aug, 2022 05:16am
Markets Wall St sheds early gains as investors assess Fed minutes NEW YORK: Wall Street’s main indexes struggled for direction and pared early gains Thursday as investors ... Published 19 Aug, 2022 05:57am
Business & Finance Dollar bounces as Fed seen keeping up aggressive rate hikes NEW YORK: The US dollar index hit a three-week high on Thursday as investors reevaluated Wednesday’s minutes from... Published 19 Aug, 2022 05:57am
Markets Hong Kong stocks end with big losses HONG KONG: Hong Kong shares closed deep in negative territory Thursday, in line with a sell-off across world markets... Updated 18 Aug, 2022 01:55pm
World Fed minutes may point to rationale for size of future rate hikes WASHINGTON: Federal Reserve officials are adamant they will keep raising interest rates until high inflation is... Published 17 Aug, 2022 08:06pm
Business & Finance Central Europe’s currencies to see scant gains in the next year PRAGUE: Hungary’s forint will stay on the back foot in the coming months before returning to steady gains, but the... Published 15 Aug, 2022 05:41am
Markets China stocks see best day in 3 months SHANGHAI: China’s blue-chip stock index closed higher on Thursday, posting its biggest jump in more than 3 months,... Published 12 Aug, 2022 05:44am
Markets S&P 500, Nasdaq retreat despite signs of slowing inflation NEW YORK: The S&P 500 and Nasdaq retreated on Thursday despite fresh evidence of inflation cooling further on ... Published 12 Aug, 2022 05:44am
Markets Wall St set for higher open after selloff on jobs data US stock indexes were set to open higher on Monday after last week’s blockbuster jobs data soothed some fears about... Published 08 Aug, 2022 06:51pm
Markets Yields dip, Wednesday’s inflation data in focus NEW YORK: US Treasury yields dipped on Monday as investors continued to digest an unexpectedly strong jobs report... Published 08 Aug, 2022 06:43pm