Wall Street slides for fifth straight day on rate hike jitters NEW YORK: US stock indexes slid for the fifth straight session on Thursday as fresh signs of a tight labor market... Published 02 Sep, 2022 06:00am
Markets Wall St falls for 3rd straight session on worries about Fed rate hikes US stocks slumped for the third straight session on Tuesday as a rise in job openings fueled concerns that the US... Updated 31 Aug, 2022 12:07am
Markets Wall Street hits fresh one-month lows on rate hike worries NEW YORK: US stock indexes hit fresh one-month lows on Monday, adding to a sharp selloff last week as investors... Published 30 Aug, 2022 06:21am
Business & Finance Indian rupee slips to record low MUMBAI: The Indian rupee dropped to an all-time low versus the dollar on Monday on bets the Federal Reserve will ... Published 30 Aug, 2022 06:21am
Business & Finance China’s yuan falls past key 6.9/dlr threshold SHANGHAI: China’s yuan breached the key threshold of 6.9 per dollar on Monday to end the domestic trading session... Published 30 Aug, 2022 06:21am
Markets Industrial metals prices decline on prospects for US rate hike SHANGHAI: Base metals prices in Shanghai fell on Monday on worries of slower economic growth and metals demand after... Published 30 Aug, 2022 06:21am
Markets UK stocks log worst week since mid-June LONDON: UK stock indexes fell on Friday to log their biggest weekly decline since mid-June as concern mounted about ... Published 29 Aug, 2022 05:44am
Markets Germany leads European shares lower LONDON: European shares tumbled on Friday, with Germany in the lead as investors fretted over downbeat consumer... Published 29 Aug, 2022 05:44am
Markets Wall Street ends in a hole after Powell’s Wyoming speech NEW YORK: Wall Street ended Friday with all three benchmarks more than 3% lower, as Federal Reserve Chief Jerome... Published 29 Aug, 2022 05:44am
Markets Gulf stocks fall on tight monetary policy outlook DUBAI: Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal... Published 29 Aug, 2022 05:44am
Markets Wall Street Week Ahead: US summer stock rally at risk as September looms NEW YORK: The 10.7 percent rally in the S&P 500 from its June lows is stumbling as it runs into what has... Published 29 Aug, 2022 05:44am
Business & Finance Senator Warren worries that Fed will tip US economy into recession WASHINGTON: Democratic US Senator Elizabeth Warren said on Sunday that she was very worried that the Federal Reserve... Updated 29 Aug, 2022 09:40am
Business & Finance Indian rupee eases MUMBAI: The Indian rupee eased for the third week running, as pressures from firmer oil prices and the dollar ... Published 29 Aug, 2022 05:44am
Business & Finance Yuan set for second weekly loss SHANGHAI: China’s yuan was set for a second straight weekly loss on Friday as the dollar was buoyed by safe-haven... Published 29 Aug, 2022 05:44am
Business & Finance Sterling set for weekly loss LONDON: The British pound fell on Friday, on track for a weekly loss after a hawkish speech by US Federal Reserve... Published 29 Aug, 2022 05:44am
Markets Copper retreats from 8-week high LONDON: Copper prices pulled back on Friday after touching their highest in nearly two months after the head of the... Published 28 Aug, 2022 06:10am
Markets Gold slides after Powell doubles down on tight monetary policy NEW YORK: Gold fell over 1% on Friday after Federal Reserve Chair Jerome Powell in his speech at Jackson Hole said... Published 28 Aug, 2022 06:10am
Markets Oil prices rise on signals Opec might cut output NEW YORK: Oil prices ended higher on Friday, boosted by signals from Saudi Arabia that OPEC could cut output, but... Published 28 Aug, 2022 06:10am
World Taming inflation will inflict ‘pain’ on Americans: Fed JACKSON HOLE, Wyo: Americans are headed for a painful period of slow economic growth and possibly rising joblessness... Published 27 Aug, 2022 05:49am
World Fed's Powell sees inflation battle lasting 'some time,' warns of economic pain JACKSON HOLE: The U.S. economy will need tight monetary policy "for some time" before inflation is under control,... Published 26 Aug, 2022 10:39pm
Markets Indian rupee seen flat as traders eye guidance on US rates MUMBAI: The Indian rupee is tipped to open little changed to the dollar on Friday, as traders awaited a speech by... Published 26 Aug, 2022 09:57am
Markets Wall St climbs as investors await Fed’s signals from Jackson Hole NEW YORK: The S&P 500 and the Nasdaq rose on Thursday on support from growth and semiconductor stocks, while... Published 26 Aug, 2022 05:35am
Markets Gold firms as dollar eases in run up to Jackson Hole NEW YORK: Gold eked out small gains on Thursday as the dollar backed off from recent peaks, while caution in the run... Published 26 Aug, 2022 05:35am
Markets Gas prices approach record peak on Russian supply fears LONDON: European natural gas prices climbed Thursday towards a record peak on heightened fears over Russian ... Published 26 Aug, 2022 05:35am
Business & Finance Dollar edges lower as investors wait on Fed’s Powell NEW YORK: The dollar index and the euro both slipped on Thursday in choppy trading as investors waited on a speech ... Published 26 Aug, 2022 05:35am
Business & Finance Dollar gains, Fed’s Powell expected to remain hawkish NEW YORK: The dollar gained against a basket of currencies on Wednesday, holding near a 20-year high as investors... Published 25 Aug, 2022 06:08am
Markets JGB 10-year yields edge higher as investors brace for Jackson Hole TOKYO: Japanese government bond benchmark 10-year yields edged higher on Wednesday amid caution that US Federal... Published 24 Aug, 2022 01:53pm
Markets Most Gulf bourses in red on growth worries Major stock markets in the Gulf fell in early trade on Monday, as recession worries persisted amid concern the... Published 22 Aug, 2022 02:56pm
Business & Finance US dollar net longs rise; euro shorts hit biggest since February 2020 NEW YORK: Speculators’ net long positioning on the US dollar rose in the latest week, while net shorts on the euro... Published 22 Aug, 2022 06:33am
Opinion Hint of a Fed pause opens door to Asia’s emerging markets As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually... Published 29 Jul, 2022 06:14am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?