Fraying central bank consensus spurs dollar and market stress: McGeever ORLANDO: The highest inflation in decades is unraveling whatever policy consensus there was between the world's ... Published 04 May, 2022 11:18am
Business & Finance Fed convenes to launch new salvo against record US inflation WASHINGTON: The US central bank opened its policy meeting Tuesday, which is expected to produce a big rate hike as... Updated 04 May, 2022 10:24am
Markets US stocks open flat as market eyes Fed, Ukraine NEW YORK: Wall Street stocks were little changed early Tuesday amid elevated volatility as markets awaited a key... Published 03 May, 2022 08:16pm
Markets Wall Street inches higher as growth stocks rebound NEW YORK: US stocks edged higher on Monday as growth stocks rebounded after April’s rout, with investor focus... Published 03 May, 2022 03:47am
Business & Finance US yields post steep gains NEW YORK: US Treasury yields rose sharply on Monday, with those on long-dated debt hitting multi-year highs, as... Published 03 May, 2022 03:47am
Business & Finance US yields rise as 10-year on pace for largest monthly gain since ‘09 NEW YORK: Yields of Treasuries rose slightly on Friday following data that showed monthly inflation surged by the... Published 02 May, 2022 05:46am
Business & Finance Robust economic growth helps Canadian dollar trim April decline TORONTO: The Canadian dollar strengthened against its US counterpart on Friday as domestic data showing strong... Published 01 May, 2022 05:11am
Markets Dollar scales fresh two-decade peak to yen, BOJ targets yields TOKYO: The dollar climbed to a fresh two-decade peak to the yen on Wednesday, buoyed by more Federal Reserve... Published 20 Apr, 2022 10:03am
Markets Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low TOKYO: The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday,... Published 15 Apr, 2022 10:05am
Business & Finance US dollar climbs to near 20-year peak vs yen as more Fed hikes loom WASHINGTON: The US dollar soared to a nearly 20-year high against a sluggish yen on Wednesday, as aggressive... Published 14 Apr, 2022 04:55am
Markets Tokyo stocks end lower TOKYO: Tokyo stocks ended lower Tuesday, with investors disheartened by aggressive tightening by the Federal Reserve... Published 13 Apr, 2022 06:03am
Markets US stocks retreat ahead of key inflation report NEW YORK: Major Wall Street indices opened lower on Monday, with tech shares hit particularly hard as investors... Published 11 Apr, 2022 07:31pm
Markets Dollar index edges nearer to 100, set for best week in four HONG KONG: The dollar extended a relentless upward move on Friday, reaching a new near two-year peak against a ... Published 08 Apr, 2022 10:50am
Markets JGB yields rise after Fed's hawkish comments TOKYO: Japanese government bond yields rose on Wednesday as their US peers hit multi-year highs after comments from... Published 06 Apr, 2022 02:31pm
Markets LME copper dips as dollar firms; volumes thin on China holiday London copper fell on Monday as the dollar strengthened and US jobs data boosted expectations of aggressive interest... Published 04 Apr, 2022 11:15am
Business & Finance Yields rise, curve inverts after strong jobs report NEW YORK: US Treasury yields rose on Friday and a closely watched part of the yield curve reinverted as a strong ... Published 04 Apr, 2022 05:38am
Markets S&P 500 flat as Tesla offsets losses in banks, energy stocks NEW YORK: The S&P 500 was trading largely flat on Monday as gains in Tesla were offset by declines in bank and... Published 29 Mar, 2022 05:49am
Business & Finance US Treasury yields jump on tighter Fed policy expectations NEW YORK: US Treasury yields rose on Friday, with the benchmark 10-year note surging to nearly three-year highs, as... Published 28 Mar, 2022 05:29am
Markets Wall Street rises as technology, bank shares rally NEW YORK: The Nasdaq led Wall Street’s main indexes higher on Tuesday as investors bought the dip in technology... Published 23 Mar, 2022 04:58am
Markets Wall Street slides after Powell’s hawkish comments NEW YORK: Wall Street’s main indexes fell on Monday as Federal Reserve Chair Jerome Powell’s comments sparked... Published 22 Mar, 2022 05:21am
Markets Wall Street rises in choppy trade after Fed boost NEW YORK: US stocks extended their gains on Thursday following a rally in the previous session as investors assessed... Published 18 Mar, 2022 05:20am
Business & Finance US dollar hits lowest in week as investors gauge Fed policy, euro firmer NEW YORK: The US dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve’s... Published 18 Mar, 2022 05:20am
World US Senate panel advances Biden’s picks for Fed WASHINGTON: The Senate Banking Committee on Wednesday approved President Joe Biden’s renomination of Jerome Powell... Published 17 Mar, 2022 11:19am
Opinion With Raskin out, Biden may pick a moderate for Fed regulatory job With Sarah Bloom Raskin withdrawing her nomination to become the Federal Reserve’s regulation chief on Tuesday, ... Published 17 Mar, 2022 04:53am
Markets Wall Street surges on Ukraine peace talks as Fed decision eyed NEW YORK: Wall Street’s main indexes jumped on Wednesday, propelled by technology and financial stocks, as signs ... Published 17 Mar, 2022 04:53am
Markets Stocks rally, oil steadies on China action, Ukraine hopes LONDON: Stocks rallied Wednesday, helped by Ukraine peace hopes and China’s pledge to help stabilise markets after... Updated 16 Mar, 2022 05:45pm
Markets Fed set to raise interest rates to rein in inflation WASHINGTON: US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to... Published 16 Mar, 2022 10:58am
Opinion Euro’s pain is dollar’s gain as Ukraine war roils markets Fallout from Russia’s invasion of Ukraine may be setting the stage for more gains in the dollar, upending investor... Published 12 Mar, 2022 04:08am
Markets Thai baht leads Asian FX gains as Powell testimony rekindles risk The Thai baht powered to a one-week high and other Asian currencies rose on Thursday, after the US central bank ... Published 03 Mar, 2022 11:31am
World Ukraine war impact on US economy 'highly uncertain’: Fed's Powell WASHINGTON: The impact of the conflict in Ukraine on the US economy is "highly uncertain," and the central bank will... Published 02 Mar, 2022 07:03pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?