Oil prices edge down on worries about Chinese demand HOUSTON: Oil prices declined on Tuesday on worries of a slowing Chinese economy crimping demand and despite a ... Published 17 Jul, 2024 02:42am
Markets Nasdaq, S&P 500 power on as Nvidia surge lifts tech stocks NEW YORK: The S&P 500 and the Nasdaq hovered at record highs on Tuesday, propelled by gains in Nvidia and other... Published 10 Jul, 2024 03:14am
Markets French stocks drag European shares lower on political concerns PARIS: European shares dropped for a third straight session on Tuesday, dragged down by weakness in French stocks as... Published 10 Jul, 2024 03:14am
Business & Finance Dollar gains as Fed’s Powell cautious on rate cuts NEW YORK: The dollar gained on Tuesday after Federal Reserve Chair Jerome Powell acknowledged progress in inflation,... Published 10 Jul, 2024 03:14am
Business & Finance Indian rupee ends flat MUMBAI: The Indian rupee closed nearly flat on Tuesday, tracking largely subdued price action in its Asian peers, as... Published 10 Jul, 2024 03:14am
Business & Finance Most Asian currencies dip BENGALURU: Most Asian currencies edged lower on Tuesday while regional stocks were mixed as global markets awaited... Published 10 Jul, 2024 03:14am
Markets Oil prices drop as interest rate policy spurs fuel demand worries HOUSTON: Oil prices rose about 1% on Friday, but fell for the week on worries that strong US economic data would ... Published 26 May, 2024 02:56am
Business & Finance US Fed’s Powell expects inflation to fall, though not as confident as before AMSTERDAM: Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through... Published 14 May, 2024 08:48pm
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
Markets Gold near four-week low, eyes on Fed BENGALURU: Gold prices held near a four-week low on Wednesday ahead of a US Federal Reserve policy decision that... Published 02 May, 2024 04:58am
World Fed leaves rates unchanged, flags ‘lack of further progress’ on inflation Likely that gaining greater confidence will take longer than previously expected, says Fed Chair Jerome Powell Published 01 May, 2024 11:53pm
Business & Finance Most Asian currencies muted ahead of Fed decision BENGALURU: Asian emerging market currencies were subdued on Monday after inflation data in the United States further... Published 30 Apr, 2024 03:43am
Markets Oil falls ahead of US jobs data NEW YORK: Oil prices fell on Thursday as caution over macroeconomic activity weighed against output cuts and... Published 05 Apr, 2024 04:50am
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
Business & Finance US Fed’s preferred inflation gauge ticks up as fuel costs rise WASHINGTON: The US central bank’s favored measure of inflation edged higher last month on the back of rising fuel... Published 30 Mar, 2024 06:53am
Markets Wall St holds ground ahead of Fed decision NEW YORK: Wall Street’s main stock indexes were little changed on Wednesday as investors awaited the conclusion of... Published 21 Mar, 2024 05:22am
Business & Finance Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still... Published 20 Mar, 2024 11:13pm
Markets Gold loses footing as US dollar bumps higher Gold prices retreated on Tuesday, hurt by a strengthening US dollar, while investors geared up for the Federal... Published 20 Mar, 2024 03:00am
Business & Finance US dollar set for best weekly gain NEW YORK: The dollar rose to a more than one-week high on Friday after a mixed batch of data showed the US economy... Published 16 Mar, 2024 06:26am
Business & Finance Yuan steady SHANGHAI: China’s yuan held steady against a weakening US dollar, as US yields slipped after Federal Reserve Chair... Published 09 Mar, 2024 04:59am
Markets Tech, financials steer Europe’s STOXX 600 to record high PARIS: Europe’s main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while... Published 07 Mar, 2024 04:59am
Markets Wall St rises after Powell signals rate cuts this year NEW YORK: Wall Street’s main indexes rose on Wednesday after Federal Reserve Chair Jerome Powell said the central... Published 07 Mar, 2024 04:59am
Markets Oil prices climb on small build in US crude stocks NEW YORK: Oil prices climbed about 2% on Wednesday on a smaller-than-expected build in US crude inventories, a big... Published 07 Mar, 2024 04:59am
Markets Copper rises on weaker dollar LONDON: Copper prices rose in London on Wednesday as a weaker dollar and declining exchange stockpiles provided... Published 07 Mar, 2024 04:59am
Business & Finance Most Asian FX muted ahead of Powell speech BENGALURU: Most Asian currencies were flat on Wednesday, ahead of a testimony from the US Federal Reserve Chair... Published 07 Mar, 2024 04:59am
Business & Finance Yuan steady SHANGHAI: China’s yuan held steady against the US dollar on Wednesday, as the central bank set a daily midpoint... Published 07 Mar, 2024 04:59am
Business & Finance Fed’s still expects rate cuts WASHINGTON: Continued progress on lowering inflation “is not assured” though the US Federal Reserve still ... Published 07 Mar, 2024 04:59am
Business & Finance US Fed’s progress against inflation ‘not assured’: Powell Economic outlook is uncertain, and ongoing progress toward our two percent inflation objective is not assured, says Fed chief Published 06 Mar, 2024 06:49pm
Markets Indian shares snap winning run on IT slide BENGALURU: Indian shares fell on Tuesday, snapping a four-session winning streak, dragged by information technology... Published 06 Mar, 2024 04:18am
Markets Nasdaq leads Wall St lower as megacaps slide NEW YORK: Wall Street fell on Tuesday, with weakness in megacap growth stocks such as Apple and Tesla weighing on ... Published 06 Mar, 2024 04:18am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost