Dollar climbs after US services industry data NEW YORK: The US dollar index was higher on Wednesday after data showed a surprise pickup in the US services ... Published 04 Aug, 2022 05:43am
Business & Finance Dollar falls against yen NEW YORK: The US dollar was at its lowest level since mid-June against the Japanese yen on Monday as investors... Published 02 Aug, 2022 05:36am
Markets World stocks hit 7-week highs, dollar squeezed vs yen LONDON/SYDNEY: World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining... Updated 01 Aug, 2022 02:08pm
Business & Finance Canadian dollar weakens 0.1pc TORONTO: The Canadian dollar edged lower against its US counterpart on Friday but notched its second straight weekly... Published 01 Aug, 2022 05:54am
Business & Finance US yields edge lower as recession fears persist NEW YORK: Treasury yields at the long end drifted lower on Friday after data on labor costs and wage growth ... Published 01 Aug, 2022 05:54am
Opinion Wall Street weighs job cuts as deals slide in battered markets Wall Street bosses are in a bind about whether to cut investment bankers or keep them on staff in hopes of a ... Published 30 Jul, 2022 03:39am
Business & Finance Dollar retreats as rate hike bets ease NEW YORK: The US dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last... Published 19 Jul, 2022 06:00am
Markets Wall St Week Ahead: Recession fears loom over US value stocks NEW YORK: Fears of a potential economic slowdown are clouding the outlook for value stocks, which have outperformed... Published 18 Jul, 2022 06:22am
Markets Wall St ends tumultuous week with strong rally NEW YORK: US stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by ... Published 18 Jul, 2022 06:22am
Business & Finance Citigroup results boosted by trading, higher interest rates NEW YORK: Citigroup reported better-than-expected results Friday following a strong performance in trading, as... Published 18 Jul, 2022 06:22am
Business & Finance Dollar dips on profit taking, Fed rate path in focus NEW YORK: The dollar fell on Friday as investors evaluated how high the Federal Reserve is likely to raise interest... Published 16 Jul, 2022 04:20am
Markets Recession worries keep European shares pressured LONDON: Commodity and bank stocks dragged Europe’s STOXX 600 lower on Thursday as rising bets on more aggressive... Published 15 Jul, 2022 06:20am
Markets Indian shares end lower BENGALURU: Indian shares closed lower for a fourth straight session as public sector banks and information ... Published 15 Jul, 2022 06:20am
Markets Most Gulf indexes drop ahead of US inflation data DUBAI: Most stock markets in the Gulf slipped into negative territory on Wednesday, as traders awaited US inflation... Published 14 Jul, 2022 05:00am
Markets Wall St slips as hot inflation data rattles investors NEW YORK: US stocks slipped on Wednesday after hotter-than-expected inflation data fanned fears that the Federal... Published 14 Jul, 2022 05:00am
Markets Oil mixed after US stock build, big inflation figure NEW YORK: Oil prices were little changed on Wednesday after US oil inventories rose and after US inflation figures... Published 14 Jul, 2022 05:00am
World US annual consumer inflation posts largest increase since 1981 WASHINGTON: U.S. annual consumer prices jumped 9.1% in June, the largest increase in more than four decades, leaving... Published 13 Jul, 2022 10:53pm
Business & Finance Dollar gains after US payrolls beat forecast NEW YORK: The US dollar rose on Friday after data showed the world’s largest economy created more jobs than... Published 09 Jul, 2022 03:57am
Markets Wall Street slips ahead of Fed meeting minutes NEW YORK: US stock indexes slipped on Wednesday as investors awaited minutes from the Federal Reserve’s meeting to... Published 07 Jul, 2022 05:35am
Markets Wall St falls in choppy trading on rate hike, growth concerns NEW YORK: US stocks fell on Wednesday with a gloomy first-half of the year approaching its end, marred by concerns ... Published 30 Jun, 2022 06:07am
Business & Finance NY Fed to publish corporate bond market distress index NEW YORK: The Federal Reserve of New York will publish monthly updates on the US corporate bond market to help... Published 30 Jun, 2022 06:07am
Markets Markets rise as recession talk tempers rate hike expectations HONG KONG: Stocks climbed Friday following another rally on Wall Street as investors try to process central bank... Published 27 Jun, 2022 06:06am
Markets Wall Street edges higher after Powell’s remarks NEW YORK: US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in... Published 23 Jun, 2022 06:05am
Opinion Will Fed chicken out of rate hike? You can bet that US President Joe Biden expected better news out of Nato than its secretary-general Jens Stoltenberg... Published 23 Jun, 2022 06:05am
Markets Gold firms as economic fears return to centre stage LONDON: Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and... Published 23 Jun, 2022 06:05am
Markets US stocks retreat as Powell cautions on inflation NEW YORK: Wall Street stocks fell early Wednesday, giving back some of the prior session’s gains as markets awaited... Published 22 Jun, 2022 08:13pm
Business & Finance Treasuries Yields close volatile week near their lows NEW YORK: US Treasury yields held at lower levels on Friday after a volatile week that saw yields hit more than... Published 20 Jun, 2022 05:51am
Markets Wall St fights for footing after steep selloff on recession worries NEW YORK: Wall Street’s main indexes struggled to find momentum on Friday following a brutal selloff this week due... Published 18 Jun, 2022 06:00am
Markets Wall Street sinks as recession fears ripple through markets NEW YORK: US stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal... Published 17 Jun, 2022 06:37am
Business & Finance Canadian dollar falls TORONTO: The Canadian dollar weakened against its US counterpart on Thursday as oil prices fell and interest rate... Published 17 Jun, 2022 06:37am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?