Copper prices fall as Powell’s nomination boosts dollar LONDON: Copper prices eased under pressure from a stronger dollar on Tuesday after US Federal Reserve Chair Jerome... Published 24 Nov, 2021 05:18am
Business & Finance Dollar gains, euro recovers on better than expected data NEW YORK: The dollar index held near 16-month highs on Tuesday after Federal Reserve Chair Jerome Powell was picked... Published 24 Nov, 2021 05:18am
Print Powell tapped for second term as Fed chair WASHINGTON: US President Joe Biden on Monday nominated Federal Reserve Chair Jerome Powell for a second four-year... Updated 23 Nov, 2021 09:43am
Markets US stocks open higher as Fed Chair Powell renominated NEW YORK: Wall Street stocks opened higher Monday as President Joe Biden renominated Jerome Powell as head of the US... Published 22 Nov, 2021 08:32pm
World Biden nominates Powell for new term heading Fed: W.House WASHINGTON: US President Joe Biden on Monday nominated Jerome Powell for a second term as Federal Reserve Chair,... Updated 22 Nov, 2021 08:08pm
Opinion ‘Politics, politics, politics’ as Biden searches for Fed leader There are few apparent policy differences between the two top candidates to lead the US Federal Reserve, but that... Published 17 Nov, 2021 04:22am
Markets Gold rides Fed wave to weekly gain NEW YORK: Gold prices gained on Friday as they shrugged off stronger-than-expected monthly jobs data, and the... Published 06 Nov, 2021 03:57am
Markets Dollar soars to more than 1-year high after jobs data, then pulls back New York: The dollar jumped on Friday to hit its highest level in more than a year, after data showed stronger US ... Updated 06 Nov, 2021 01:21am
Business & Finance Yuan touches 1-week high SHANGHAI: China’s yuan touched a near one-week high on Thursday, reflecting broad dollar weakness in global ... Published 05 Nov, 2021 04:39am
Business & Finance Dollar holds near peaks as Fed taper announcement awaited NEW YORK: The dollar edged higher on Wednesday, holding near recent peaks versus the euro and the yen, as traders... Published 04 Nov, 2021 04:32am
Print Fed rolls out bond-buying ‘taper’ WASHINGTON: The Federal Reserve on Wednesday said it will begin trimming its monthly bond purchases in November with... Updated 04 Nov, 2021 09:40am
Print Wall Street in Riyadh sees lingering inflation, oil hitting $100 RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in... Updated 27 Oct, 2021 09:42am
Markets Wall Street in Riyadh sees lingering inflation, oil hitting $100 RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in... Updated 26 Oct, 2021 07:31pm
Business & Finance ECB charts lonely course through inflation spike FRANKFURT: Pressure is growing on the European Central Bank to respond to rising inflation in the eurozone, as its... Published 26 Oct, 2021 04:39am
Markets Dollar pares losses as Powell signals bond taper NEW YORK: The dollar pared losses on Friday after Federal Reserve Chairman Jerome Powell said the US central bank... Published 23 Oct, 2021 12:58am
Business & Finance Fed closes in on November bond taper after jobs report NEW YORK: The Federal Reserve may move to begin reducing its support for the economy next month despite a sharp... Published 09 Oct, 2021 04:10am
Business & Finance Dollar lifted by higher Treasury yields NEW YORK/LONDON: The US dollar gained for a second straight session on Monday, bolstered by the rise in Treasury... Published 28 Sep, 2021 05:12am
Opinion Fed’s bond-buying programme may be on the way out, but it’s not going far The Federal Reserve will start to shutter its pandemic-era bond-buying program later this year, leaving the US... Published 25 Sep, 2021 04:59am
Markets US yields rise on potential higher rates in 2022 The yield on 10-year Treasury notes was up 3.7 basis points to 1.447% in early trade, up from the closing yield of 1.304% on Wednesday Published 24 Sep, 2021 07:37pm
Markets Investors look ahead to rate hikes with Fed tapering plan all but certain Stocks held onto their gains after the Fed's statement, with the S&P 500 closing up nearly 1% Published 23 Sep, 2021 12:10pm
Markets Fed may hint at ending stimulus, but no big moves expected The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December Published 22 Sep, 2021 10:14am
Print Officials’ trading: Powell orders sweeping ethics review WASHINGTON: Federal Reserve Chair Jerome Powell has ordered a sweeping review of the ethics rules governing ... Updated 17 Sep, 2021 09:18am
Opinion Investors betting on ‘stable’ choice of Powell renomination at Fed A potential renomination of Jerome Powell at the helm of the US Federal Reserve would provide a needed sense of... Published 11 Sep, 2021 03:36am
Markets U.S. yields rise for a second day as auctions eyed NEW YORK: U.S. government bond yields rose for a second straight day on Tuesday, building on Friday's climb in the... Published 08 Sep, 2021 01:27am
Business & Finance Dollar weakens after US payrolls miss NEW YORK: The dollar weakened further against a basket of major currencies on Friday after a much softer than... Published 04 Sep, 2021 06:04am
Markets Gold climbs as US jobs miss clouds Fed taper timeline NEW YORK: Gold advanced 1% to its highest in a month on Friday, as a surprise slowdown in US jobs growth in August... Published 04 Sep, 2021 06:04am
Markets Gold firms in Europe AMSTERDAM/ LONDON: Gold prices inched up on Thursday as the dollar remained weak, although they traded within a ... Published 03 Sep, 2021 04:58am
Business & Finance Dollar falls to more than 3-week low NEW YORK: The dollar hit its lowest level in more than three-weeks against a basket of currencies on Tuesday, as... Published 01 Sep, 2021 03:59am
Business & Finance Dollar weakness pushes sterling to two-week high LONDON: The pound extended gains on Tuesday to a two-week high against the dollar, which weakened after US Federal... Published 01 Sep, 2021 03:59am
Markets Shanghai aluminium touches 13-year high on supply worries SHANGHAI: Shanghai aluminium prices climbed on Monday to their highest in more than 13 years on supply worries in... Published 31 Aug, 2021 04:03am
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