Oil drops more than $1 as OPEC+ decision spotlights shaky demand LONDON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Updated 04 Jun, 2024 07:29pm
Business & Finance Most Asian currencies subdued BENGALURU: Most Asian currencies moved in a narrow range on Friday but were set for monthly gains, while shares rose... Published 01 Jun, 2024 06:59am
Markets Dollar drifts as traders eye US inflation data; frail yen in focus SINGAPORE: The dollar was steady on Tuesday as investors awaited an inflation report this week that will likely... Published 14 May, 2024 10:09am
Markets Dollar nurses losses after another set of soft jobs data SINGAPORE: The US dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro... Published 10 May, 2024 10:07am
Business & Finance Dollar weaker against most currencies, pound recovers NEW YORK: The dollar weakened against most currencies on Monday after economic data showed more signs of softening ... Published 10 May, 2024 04:17am
Business & Finance Dollar gains on rate outlook NEW YORK: The dollar gained on Wednesday as investors continued to bet on the US economy outperforming peers and was... Published 09 May, 2024 03:11am
Markets Yen eases despite intervention threat, Aussie steady before RBA TOKYO: The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed... Published 07 May, 2024 10:04am
Business & Finance Yen slightly higher after suspected intervention NEW YORK: The yen was slightly stronger on the day on Thursday after a sudden rally late on Wednesday that traders ... Published 03 May, 2024 06:29am
Business & Finance Japanese yen surges against dollar NEW YORK: Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low hit earlier on... Published 30 Apr, 2024 03:43am
Business & Finance Asian currencies subdued after mixed US data BENGALURU: Most Asian currencies were subdued on Friday as mixed US data solidified bets of fewer rate cuts, while... Published 27 Apr, 2024 05:03am
Business & Finance Swiss franc, yen pare gains NEW YORK: The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signalled that it has no... Published 20 Apr, 2024 04:18am
Markets China’s yuan bounces from 5-month low on state bank support, upbeat Q1 data BEIJING/SHANGHAI: China’s yuan briefly hit a five-month low against the dollar before recouping some of the losses... Published 16 Apr, 2024 12:01pm
Markets Dollar firms after hot retail sales, yen languishes; China data awaited TOKYO: The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday,... Published 16 Apr, 2024 10:29am
Business & Finance Dollar jumps, yen weaker NEW YORK: The dollar reached its highest since early November against a basket of currencies on Monday, and sent the... Published 16 Apr, 2024 03:38am
Markets Dollar firm ahead of US CPI release; yen to face crucial test TOKYO: The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained... Published 10 Apr, 2024 11:23am
Markets Yen feels the heat as US Treasury yields climb SINGAPORE: The dollar was tentative on Tuesday as it failed to get a meaningful boost from a rise in U.S. Treasury... Published 09 Apr, 2024 10:22am
Markets Dollar firms while yen pinned near 152 SINGAPORE: The dollar was on the front foot on Wednesday, pinning the yen near its lowest its decades though the... Published 03 Apr, 2024 08:45am
Markets Brent oil futures rise towards $90 as supply risks intensify LONDON: Oil prices extended gains on Wednesday, as investors mulled supply risks stemming from Ukrainian attacks on... Updated 03 Apr, 2024 05:17pm
Business & Finance US dollar lower NEW YORK: The US dollar was down on Tuesday after earlier hitting its highest in almost five months, following a new... Published 03 Apr, 2024 05:29am
Markets Dollar ascendant as Fed cut bets pared, jawboning props up yen TOKYO: The US dollar hovered near a 4-1/2-month high against major peers on Tuesday as traders rushed to push back... Published 02 Apr, 2024 09:56am
Business & Finance Japan’s finance minister says ‘speculative’ moves in currency market impacting yen TOKYO: Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency... Published 01 Apr, 2024 10:24am
Markets Dollar steady as PCE data sets up June rate cut bets; yen in focus SINGAPORE: The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal... Published 01 Apr, 2024 09:44am
Business & Finance Japan’s finance minister issues strongest warning on yen weakness TOKYO: Japan’s finance minister issued his strongest warning to date about the weakness of the yen as the currency... Published 28 Mar, 2024 07:20am
Business & Finance Japan’s yen hits 34-year low NEW YORK: The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan’s top... Published 28 Mar, 2024 06:30am
Markets Yen flounders near four month low, Fed in spotlight SINGAPORE: The yen languished near a four-month low against the US dollar and a 16-year trough against the euro on... Published 20 Mar, 2024 09:52am
Markets Yen gains on chance of imminent BOJ pivot; dollar broadly lower SINGAPORE: The yen scaled a one-month high against the dollar on Thursday, as growing speculation that the Bank of... Published 07 Mar, 2024 09:33am
Markets Dollar firm before Powell speech, bitcoin stabilises after breaking record TOKYO: The US dollar was largely steady on Wednesday, as traders avoided making big bets ahead of congressional... Published 06 Mar, 2024 09:55am
Markets Dollar a spectator to China news, yen ponders rate risks SYDNEY: The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of... Published 05 Mar, 2024 10:01am
Business & Finance Dollar edges down vs euro NEW YORK: The US dollar edged down against the euro on Monday, at the start of an action-packed week for markets ... Published 05 Mar, 2024 03:09am
Markets China’s yuan steady before key parliamentary meeting, but outlook weak SHANGHAI: The yuan was steady on Monday, as China’s central bank maintained its efforts to keep the currency stable... Published 04 Mar, 2024 10:15am