Yuan hovers near 15-year low SHANGHAI: China’s yuan hovered at a near 15-year low on Thursday, tracking broad dollar strength after US Federal... Published 04 Nov, 2022 05:56am
Markets Wall St slides as Fed signals more interest rate hikes Wall Street's main indexes were on track to extend losses for a fourth straight session on Thursday as investors... Published 03 Nov, 2022 11:45pm
Business & Finance US dollar pulls back as markets price in slower Fed hikes from December NEW YORK/LONDON: The US dollar sank against major currencies on Tuesday, on some expectation that the Federal ... Published 02 Nov, 2022 04:37am
Opinion As US Treasuries tumble, some investors say turning point is near Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness... Published 22 Oct, 2022 05:42am
Business & Finance Indian shares fall BENGALURU: Indian shares ended lower on Thursday, while the rupee closed at a record low, after the US Federal... Published 23 Sep, 2022 05:50am
Business & Finance US weekly jobless claims rise moderately WASHINGTON: The number of Americans filing new claims for unemployment benefits increased moderately last week,... Published 23 Sep, 2022 05:50am
Business & Finance Fed delivers another big rate hike; Powell vows to 'keep at it' WASHINGTON: Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would "keep... Updated 22 Sep, 2022 04:46am
Markets US Fed raises key interest rate as recession fears mount It was the third consecutive increase of 0.75 percentage point Updated 21 Sep, 2022 11:51pm
Business & Finance Dollar falls ahead of US inflation data; euro jumps NEW YORK: The US dollar fell to its lowest level in about two weeks against a basket of currencies on Monday... Published 13 Sep, 2022 06:12am
Business & Finance US dollar gains as Fed doubles down on tightening stance; euro falls NEW YORK: The US dollar rose on Thursday after Federal Reserve Chair Jerome Powell reiterated that it will continue... Published 09 Sep, 2022 06:09am
Markets Wall Street rebounds as yields slip, focus on Fed path NEW YORK: US stock indexes climbed on Wednesday following a recent selloff as bond yields eased, while investors... Published 08 Sep, 2022 05:43am
Markets Wall Street Week Ahead: Defensives, energy, dividend plays gain favour as market swoons anew NEW YORK: Fresh volatility in US stocks is pushing some investors to hunker down in areas of the market that have... Published 05 Sep, 2022 06:04am
Markets 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 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
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
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