Dollar slips before expected Fed rate hike NEW YORK: The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Federal Reserve... Published 04 May, 2022 07:51pm
Markets Gold prices subdued as investors look to Fed rate decision Gold prices inched down on Wednesday, a day after hitting an over two-month low, as investors awaited a policy... Published 04 May, 2022 05:55pm
Business & Finance Canadian dollar falls by most since December despite hawkish BoC TORONTO: The Canadian dollar weakened to a five-week low against its US counterpart on Friday as oil prices dropped... Published 24 Apr, 2022 05:36am
Markets Wall Street, oil slide, dollar jumps as investors eye rate hikes WASHINGTON: U.S. stocks and oil tumbled on Friday while bond yields continued to gain as investors prepared for a... Published 23 Apr, 2022 01:14am
Business & Finance Fed seen going big and then bigger on rate hikes ahead The Federal Reserve is poised to follow a half-of-a-percentage point interest rate hike in May with two even bigger... Published 23 Apr, 2022 01:08am
Markets Wall Street loses steam ahead of Fed chair’s speech NEW YORK: The S&P 500 and the Nasdaq reversed early gains on Thursday as bond yields hit fresh multi-year highs... Published 22 Apr, 2022 05:36am
Business & Finance Strong US employment gains expected in March; jobless rate seen falling to 3.7% WASHINGTON: US job growth likely continued at a brisk clip in March, with the unemployment rate falling to a new... Published 01 Apr, 2022 11:49am
Opinion When it comes to oil, the global economy is still hooked The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine... Published 26 Mar, 2022 04:13am
Business & Finance Dollar climbs as data supports bigger rate hikes NEW YORK: The dollar strengthened for the fourth time in the past five sessions, as economic data on the labor ... Published 25 Mar, 2022 05:46am
Markets Most Asian stocks rise as bonds retreat on hawkish Fed BANGKOK: Most Asian stock markets rose on Wednesday as investors exited bond markets on hawkish central bank... Published 24 Mar, 2022 05:36am
Business & Finance Dollar climbs, euro weakens, as Biden brings sanctions plan to Europe NEW YORK: The dollar climbed on Wednesday while the euro weakened as oil prices saw another jump with U.S. President... Published 24 Mar, 2022 05:36am
Markets Gold slips to near 1-week low on Powell’s hawkish stance NEW YORK: Gold prices fell over 1% to a near one-week low on Tuesday after U.S. Federal Reserve Chair Jerome Powell... Published 23 Mar, 2022 04:58am
Business & Finance Dollar eases as Powell bump fades NEW YORK: The dollar slipped on Tuesday after a move higher the previous day as comments from U.S. Federal Reserve... Published 23 Mar, 2022 04:58am
Markets Wall Street slides after Powell’s hawkish comments NEW YORK: Wall Street’s main indexes fell on Monday as Federal Reserve Chair Jerome Powell’s comments sparked... Published 22 Mar, 2022 05:21am
Business & Finance Dollar little changed with Powell on deck NEW YORK: The dollar was little changed versus a basket of major currencies on Monday, as investors looked toward... Published 22 Mar, 2022 05:21am
Markets Wall Street slides after Powell's hawkish comments Wall Street's main indexes fell on Monday as Federal Reserve Chair Jerome Powell's comments sparked bets of more... Published 22 Mar, 2022 01:02am
Business & Finance Fed must move 'expeditiously' and, if needed, more aggressively, Powell says The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome... Published 21 Mar, 2022 11:26pm
Business & Finance Fed hikes rates, signals aggressive turn against inflation WASHINGTON: The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and laid out ... Published 17 Mar, 2022 04:53am
Business & Finance Dollar edges lower as traders eye Fed, Russia-Ukraine talks NEW YORK: The dollar edged lower against a basket of currencies on Monday, but held near a 21-month high hit last... Updated 15 Mar, 2022 06:34am
Markets Wall Street drops as inflation data cements rate hike bets NEW YORK: Wall Street’s main indexes fell on Thursday, with technology stocks leading the declines after data... Published 11 Mar, 2022 05:12am
Markets Wall Street slides as decades-high inflation reading invites aggressive Fed tightening NEW YORK: Wall Street slid on Thursday as inflation data hit a four-decade high, all but assuring the U.S. Federal... Published 11 Mar, 2022 12:44am
Business & Finance Euro extends recent fall; dollar gains on data, Powell comments NEW YORK: The euro extended recent declines against sterling and the dollar on Thursday as investors worried about... Published 04 Mar, 2022 04:37am
Markets Gold rally cools as bond yields, stocks recover; palladium rises NEW YORK: Gold slipped on Wednesday due to an uptick in risk appetite and U.S. bond yields, while concerns over a... Published 03 Mar, 2022 04:39am
Business & Finance Powell backs 25-basis-point March rate hike WASHINGTON: Federal Reserve Chair Jerome Powell said on Wednesday he was “inclined to propose and support a... Published 03 Mar, 2022 04:39am
Print BoE reviews staff financial rules after Fed ethics scandal LONDON: The Bank of England is conducting an internal review into its policy on officials’ personal financial... Published 24 Feb, 2022 06:34am
Business & Finance Fed could raise rates by half a point if needed NEW YORK: The US Federal Reserve is not ruling out raising rates by half a percentage point if inflation remains... Published 31 Jan, 2022 07:10am
Markets Gold dips LONDON: Gold prices extended losses to a more than one-week low on Thursday as the US dollar and Treasury yields... Published 28 Jan, 2022 04:44am
Business & Finance Dollar rise drags copper lower on hawkish US Fed comments LONDON: Copper prices eased on Thursday as the US Federal Reserve indicated it could tighten monetary policy faster... Published 28 Jan, 2022 04:44am
Markets Fed flags rate hike 'soon,' plans for significant balance sheet reduction WASHINGTON: The Federal Reserve on Wednesday signalled it is likely to raise U.S. interest rates in March and... Published 27 Jan, 2022 01:54am
Business & Finance Facing questions on trades, Fed vice chair to leave early NEW YORK: Federal Reserve Vice Chair Richard Clarida announced Monday he will exit the US central bank early... Published 12 Jan, 2022 04:25am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?