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
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 19 Oct, 2023 11:17pm
Markets Wall St eyes higher open ahead of Powell’s comments; Tesla drops, Netflix surges Wall Street’s main indexes were set to open higher on Thursday as Tesla and Netflix kicked U.S. earnings season into... Published 19 Oct, 2023 06:51pm
Business & Finance Dollar gains against euro, Middle East in focus NEW YORK: The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak... Published 19 Oct, 2023 05:10am
Markets Gold declines as Powell’s speech moves into spotlight Gold prices fell on Tuesday as the US dollar and Treasury yields firmed, ahead of economic data and Federal Reserve... Published 17 Oct, 2023 10:13am
Markets Nasdaq rises on boost from growth stocks NEW YORK: The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more... Published 03 Oct, 2023 06:02am
Markets Oil prices fall NEW YORK: Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the US... Published 03 Oct, 2023 06:02am
Opinion Elusive macroeconomic stability In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of... Published 22 Sep, 2023 03:40am
Markets S&P, Dow rise as yields slip ahead of Fed verdict NEW YORK: The S&P 500 and the Dow gained on Wednesday as Treasury yields pulled back ahead of a likely pause in... Published 21 Sep, 2023 06:08am
Markets Oil rises as Hurricane Idalia threatens to hit tight supplies BENGALURU: Oil prices edged higher on Tuesday as Hurricane Idalia intensified as it headed towards Florida’s Gulf... Published 30 Aug, 2023 03:33am
Markets Indian shares extend losses for fifth straight week BENGALURU: Indian shares closed lower on Friday and extended losses for a fifth straight week, dragged by broad... Published 28 Aug, 2023 06:27am
Markets US stocks end higher in volatile trade NEW YORK: US stocks ended a volatile session higher on Friday as investors digested comments from Federal Reserve... Published 28 Aug, 2023 06:27am
Markets Copper rally loses steam after Powell says higher rates may be needed LONDON: Copper prices in London reversed earlier gains on Friday after US Federal Reserve Chair Jerome Powell said... Published 28 Aug, 2023 06:27am
Markets Japanese rubber futures post best week in nearly 2 years on softer yen SINGAPORE: Japanese rubber futures spiked on Friday to their highest levels since early June and recorded their best... Published 27 Aug, 2023 03:05am
World US Fed ‘prepared to raise rates further’ on too-high inflation WASHINGTON: The US Federal Reserve is prepared to raise interest rates higher – and hold them there – to... Updated 25 Aug, 2023 08:30pm
Markets S&P 500 ends near flat as energy, defensive sectors counter megacap declines NEW YORK: The S&P 500 ended nearly flat on Friday as gains in defensive sectors and energy offset weakness in... Published 21 Aug, 2023 06:43am
Print Fed officials spar over banking reform in rare open meeting WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to... Updated 29 Jul, 2023 09:33am
Editorials Caution from Basle EDITORIAL: The Bank for International Settlements (BIS), the global umbrella body for central banks, sure poured ... Updated 08 Jul, 2023 06:58am
World 'Almost all' Fed officials agreed to skip June hike: minutes WASHINGTON: A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy... Published 06 Jul, 2023 12:01am
Markets South African rand slips 1% against dollar after PPI JOHANNESBURG: The South African rand weakened around 1% against a stronger dollar on Thursday after the release of... Published 29 Jun, 2023 09:34pm
Markets Oil edges higher on U.S. inventory fall HOUSTON: Oil prices edged higher on Thursday, buoyed by a bigger-than-expected fall in U.S. inventories, but fears... Published 29 Jun, 2023 09:03pm
Markets Dollar holds near 7-month high vs yen on policy split; Swedish crown record low LONDON: The U.S. dollar touched a more than seven-month high against the Japanese yen on Thursday after their... Published 29 Jun, 2023 05:41pm
Business & Finance We are still monitoring the banks' situation very carefully: Fed's Powell MADRID: The US Federal Reserve is still monitoring the situation in the banking industry “very carefully” to address... Updated 30 Jun, 2023 10:05am
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