US Fed official says more rate hikes necessary WASHINGTON: A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to... Published 23 Jun, 2023 06:00am
Markets Fed's Powell says rate hikes will come at a 'careful pace' from here WASHINGTON: U.S. Federal Reserve Chair Jerome Powell said on Thursday the central bank would move interest rates at ... Published 22 Jun, 2023 10:52pm
Markets Powell: Expects dollar to remain global reserve currency Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve... Published 21 Jun, 2023 09:12pm
Markets European shares slide, Germany’s DAX retreats from record high BENGALURU: European shares fell on Monday, as investors awaited further stimulus measures from China to revive ... Published 20 Jun, 2023 03:16am
Markets Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show WASHINGTON: Federal Reserve officials "generally agreed" last month that the need for further interest rate ... Published 24 May, 2023 11:16pm
World Fed's Powell: don't assume Fed can protect U.S. economy from debt limit default WASHINGTON: The U.S. Federal Reserve is unlikely to be able to shield the U.S. economy from the fallout of a failure... Published 04 May, 2023 12:59am
Markets European stocks crawl higher in run-up to Fed decision PARIS: European stocks edged higher on Wednesday, extending gains for a third day, as investors awaited a crucial... Published 23 Mar, 2023 05:47am
Markets Wall St listless as investors await Fed rate decision NEW YORK: Wall Street’s main indexes struggled for direction on Wednesday as investors refrained from making large... Published 23 Mar, 2023 05:47am
Markets Gold firms while traders brace for US Fed move NEW YORK: Gold gained on Wednesday as Treasury yields and the dollar slipped, while traders positioned for the US... Published 23 Mar, 2023 05:47am
Markets Fed delivers small rate hike, says 'some additional' tightening possible Raises interest rates by a quarter of a percentage point Published 22 Mar, 2023 11:13pm
Business & Finance Fed to balance banking woes, inflation in this rate decision WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent... Published 20 Mar, 2023 06:12am
Markets Japanese rubber futures fall SINGAPORE: Japanese rubber futures fell first weekly drop in three, as traders assessed a slowing growth rate in... Published 12 Mar, 2023 05:55am
Markets India bond yields little changed MUMBAI: Indian government bond yields were largely unchanged in the early session on Thursday, as traders continue ... Published 10 Mar, 2023 03:46am
World US Fed warns of 'widespread' inflationary pressures WASHINGTON: The Federal Reserve warned Wednesday that the United States still faces "widespread" inflationary... Published 09 Mar, 2023 01:24am
World Fed’s Powell: No call made yet on size of March rate rise NEW YORK: Federal Reserve Chair Jerome Powell said Wednesday that officials have not yet made a call on the size of... Published 08 Mar, 2023 09:51pm
Markets Wall Street falls NEW YORK: US stock indexes fell on Tuesday as Federal Reserve Chair Jerome Powell told Congress the central bank ... Published 08 Mar, 2023 06:20am
Business & Finance Dollar jumps NEW YORK: The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve Chair Jerome... Published 08 Mar, 2023 06:20am
Markets Oil falls 3pc NEW YORK: Oil prices fell by more than $2 a barrel on Tuesday after comments from US Federal Reserve Chair Jerome... Published 08 Mar, 2023 06:20am
World US prepared to return to bigger rate hikes if strong data persists: Powell WASHINGTON: The United States is prepared to increase the pace of interest rate hikes if strong economic data... Published 07 Mar, 2023 11:37pm
World Hawkish Powell puts 50 bp Fed rate hikes back on table NEW YORK: The Federal Reserve will likely need to raise interest rates more than expected in response to recent... Published 07 Mar, 2023 08:38pm
Markets Tech-heavy Nasdaq outshines other major US indexes NEW YORK: A rise in Apple shares and easing Treasury yields bolstered the tech-heavy Nasdaq index on Monday as focus... Published 07 Mar, 2023 03:16am
Markets Spot fuel oil cash differentials steady SINGAPORE: Spot fuel oil cash differentials in Asia steadied on Monday, following a volatile week that saw high... Published 07 Mar, 2023 03:16am
Markets Gold dips as market braces for Fed chief testimony NEW YORK: Gold eased from an earlier 2-1/2 week high on Monday as investors prepared for Congressional testimony ... Published 07 Mar, 2023 03:16am
Business & Finance Dollar dips, with jobs data in focus NEW YORK: The greenback slipped against a basket of currencies on Monday as investors waited on testimony by Federal... Published 07 Mar, 2023 03:16am
Markets European shares rise on upbeat cues from Powell PARIS: European shares rose on Wednesday, lifted by positive cues from US Federal Reserve Chair Jerome Powell’s... Published 09 Feb, 2023 06:02am
Business & Finance Dollar flat to slightly higher NEW YORK: The dollar was flat to slightly higher in choppy trading on Wednesday, as investors paused selling the... Published 09 Feb, 2023 06:02am
Markets Oil surges over 3pc as Fed’s Powell eases rate hike concerns NEW YORK: Oil prices climbed more than 3% on Tuesday after the head of the US central bank eased market concerns ... Published 08 Feb, 2023 06:10am
Markets Gold steadies as investors cool heels before key economic data NEW YORK: Gold was little changed on Tuesday with a slightly higher dollar keeping prices in check, while investors... Published 08 Feb, 2023 06:10am
World Inflation starting to slow but long, 'bumpy' road ahead: Powell WASHINGTON: US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair... Published 08 Feb, 2023 12:35am
Markets Wall Street edges lower on Fed fears; Tyson Foods slides NEW YORK: US stock indexes edged lower on Monday with Tyson Foods falling on disappointing quarterly results, while... Published 07 Feb, 2023 06:07am
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