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
Markets Copper posts biggest single-day gain in nearly a year LONDON: Copper prices rose sharply on Thursday on a weaker dollar and expectations of interest rate cuts next year... Published 15 Dec, 2023 03:12am
Business & Finance Fed stands alone as ECB, BoE stick with tight policy WASHINGTON/FRANKFURT: The US Federal Reserve was left in a camp of its own on Thursday when a host of Europe’s... Published 15 Dec, 2023 03:12am
Business & Finance Asian currencies jump BENGALURU: Emerging Asian currencies and equities joined a rally in global markets on Thursday, after the US Federal... Published 15 Dec, 2023 03:12am
World Fed flags end of rate hikes, sees lower borrowing costs in 2024 WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections... Published 14 Dec, 2023 12:34am
Business & Finance Yen falls as Japan’s negative rates expected to persist NEW YORK: The Japanese yen weakened against the dollar for a second day on Monday, giving back most of a rally last... Published 12 Dec, 2023 05:28am
Markets European shares take a breather after sharp rally last week PARIS: Miners and energy stocks dragged Europe’s benchmark index marginally lower on Monday, hurt by weak ... Published 05 Dec, 2023 03:01am
Business & Finance Asian currencies: Taiwan dollar, Korean won higher BENGALURU: Most emerging Asian currencies and stocks traded higher on Monday, as investors assessed remarks from... Published 05 Dec, 2023 03:01am
Business & Finance Dollar gains, bitcoin breaches $42,000 WASHINGTON: The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets... Published 05 Dec, 2023 03:01am
Markets Gold hits record high on bets for March start to Fed rate cuts BENGALURU: Gold prices rallied to an all-time high on Friday after remarks from Federal Reserve Chair Jerome Powell... Published 03 Dec, 2023 02:59am
Markets European shares hit four-month highs as miners rally PARIS: European shares extended their gains from November on Friday, propelled by sharp rises in miners and as euro... Published 02 Dec, 2023 05:09am
Markets Wall St higher as Powell comments bolster peak-rate bets NEW YORK: Wall Street’s main indexes inched higher on Friday after Federal Reserve Chair Jerome Powell ... Published 02 Dec, 2023 05:09am
Markets Gold retreats on Powell’s hawkish cues BENGALURU: Gold fell on Friday and was bound for a second straight weekly drop on cooling safe-haven demand and... Published 12 Nov, 2023 03:14am
Markets Copper, aluminium hit two-week low LONDON: Copper and aluminium prices fell to a two-week low in London on Friday as hawkish comments from US Federal... Published 12 Nov, 2023 03:14am
Markets China, HK stocks fall as markets await more measures SHANGHAI: China stocks dropped on Friday, weighed down by liquor and auto manufacturers, as analysts await more... Published 11 Nov, 2023 06:30am
Markets Wall St rebounds as easing Treasury yields boost megacap stocks NEW YORK: Wall Street’s main indexes gained on Friday as a slide in longer-dated Treasury yields boosted megacap... Published 11 Nov, 2023 06:30am
Business & Finance Dollar steady against euro, yen weakens NEW YORK: The dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated that... Published 11 Nov, 2023 06:30am
Markets Wall St slips as investors assess central bank comments NEW YORK: Wall Street’s main indexes slipped on Wednesday as investors parsed earnings reports and comments from... Published 09 Nov, 2023 05:38am
Business & Finance Dollar continues recovery from selloff NEW YORK: The dollar gained for a third day on Wednesday as it continued to recover from a sharp selloff last week ... Published 09 Nov, 2023 05:38am
Markets Real estate, tech drive European shares higher PARIS: European shares climbed over 1 percent on Thursday, led by rate-sensitive real estate and technology stocks,... Published 03 Nov, 2023 06:11am
Business & Finance Dollar retreats as risk appetite rises NEW YORK: The US dollar weakened broadly on Thursday, as investors bet that the Federal Reserve is done raising... Published 03 Nov, 2023 06:11am
Markets Gold little changed as Fed decision looms BENGALURU: Gold prices were little changed on Wednesday as investors stayed on the sidelines ahead of the US central... Published 02 Nov, 2023 03:15am
Markets Wall St gains as yields slip in run-up to Fed decision NEW YORK: Wall Street climbed on Wednesday with investors optimistic about the Federal Reserve keeping interest ... Published 02 Nov, 2023 03:15am
World Fed leaves rates unchanged, acknowledges economy is ‘strong’ WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase... Published 01 Nov, 2023 11:18pm
Markets Wall St slides as Treasury yields stay high NEW YORK: Wall Street’s main indexes dropped on Friday as US Treasury yields hovered near multi-year highs... Published 21 Oct, 2023 06:05am
World US inflation is ‘still too high’: Fed Chair Powell WASHINGTON: US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 20 Oct, 2023 05:17am
Markets Wall St up as Powell remarks fuel hopes Fed may pause rate hikes NEW YORK: Wall Street’s main indexes rose on Thursday after Federal Reserve Chair Jerome Powell said the US ... Published 20 Oct, 2023 05:17am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees