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
Business & Finance Dollar slips vs euro as data weighs NEW YORK: The dollar slipped against the euro on Tuesday after data showed US services industry growth eased and as... Published 06 Mar, 2024 04:18am
Markets European stocks hover near record highs PARIS: European stocks settled just below all-time highs on Monday, as investors digested strong gains in recent... Published 05 Mar, 2024 03:09am
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 Wall St mixed with focus on earnings NEW YORK: Wall Street’s main indexes were mixed in choppy trading on Tuesday as investors scrutinized big-ticket... Published 07 Feb, 2024 05:30am
Business & Finance Dollar eases, Fed policy path on interest rates in focus NEW YORK: The dollar edged lower against major currencies on Tuesday, but remained close to its highest level in... Published 07 Feb, 2024 05:30am
Markets Wall St falls as Treasury yields ascend NEW YORK: Wall Street’s main indexes fell on Monday, pressured by rising Treasury yields after Federal Reserve... Published 06 Feb, 2024 05:00am
Business & Finance Dollar dips before Fed meeting statement NEW YORK: The dollar dipped against the euro and yen on Wednesday as traders awaited a US rates decision by the... Published 01 Feb, 2024 04:52am
Business & Finance Dollar gains before Fed, March rate cut seen less likely NEW YORK: The dollar gained on Monday as investors prepared for the prospect that the Federal Reserve could push ... Published 30 Jan, 2024 04:52am
Business & Finance Asian currencies set for weekly gains on Fed rate-cut optimism BENGALURU: Most emerging Asian currencies were poised for weekly gains on Friday, with the Malaysian ringgit and the... Published 23 Dec, 2023 06:16am
Markets Fed fuels longest weekly winning streak in Indian shares in six years BENGALURU: India’s benchmark indexes, Nifty and Sensex, posted their longest weekly winning streak in six years on... Published 16 Dec, 2023 05:49am
Business & Finance Dollar rebounds as Fed’s Williams talks down rate cuts NEW YORK: The dollar bounced on Friday after Federal Reserve Bank of New York President John Williams pushed back... Published 16 Dec, 2023 05:49am
Markets Wall St rises on Fed’s rate-cut signal NEW YORK: Wall Street’s main indexes rose on Thursday, with tech giant Apple notching up a record high, a day ... Published 15 Dec, 2023 03:12am