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
World Powell to target inflation at confirmation, face trading scrutiny WASHINGTON: Federal Reserve Chair Jerome Powell will highlight the central bank’s efforts to fight inflation and... Published 12 Jan, 2022 04:25am
Markets Gulf bourses close mixed ahead of Powell testimony DUBAI: Stock markets in the Gulf ended mixed on Tuesday, as investors awaited US Federal Reserve Chair Jerome... Published 12 Jan, 2022 04:25am
Markets TSX falls ahead of Powell’s testimony TORONTO: Canada’s main stock index fell on Tuesday as losses in healthcare stocks outweighed gains in energy, ... Published 12 Jan, 2022 04:25am
Markets Gold firms above $1,800/oz NEW YORK: Gold prices firmed above the key $1,800 mark on Tuesday, buoyed by a retreat in the dollar and US Treasury... Published 12 Jan, 2022 04:25am
Business & Finance Dollar edges higher as FX markets focus on Powell testimony NEW YORK: The dollar edged higher against a basket of currencies on Tuesday, as a bout of volatility in global... Published 12 Jan, 2022 04:25am
World Removing Fed stimulus won't undermine labor market: Powell WASHINGTON: Raising interest rates and otherwise removing the extraordinary stimulus the Federal Reserve provided to... Published 11 Jan, 2022 09:49pm
Markets Wall Street falls ahead of Fed announcement • Big tech stocks fall, defensive sectors rise • Indexes down: Dow 0.16pc, S&P 0.37pc, Nasdaq 0.95pc NEW... Published 16 Dec, 2021 04:00am
World Fed sees three interest rate hikes in 2022 as inflation fight begins WASHINGTON: The Federal Reserve, signaling its inflation target has been met, on Wednesday said it would end its... Updated 16 Dec, 2021 12:22am
Business & Finance Sterling gains on broadly struggling dollar; central bank eyed LONDON: Sterling firmed on Thursday as the discovery of the first case of the Omicron variant in the United States... Published 03 Dec, 2021 04:31am
Business & Finance Australia, NZ dollars under pressure on Fed tapering SYDNEY: The Australian and New Zealand dollars remained under pressure on Wednesday having hit their lowest levels ... Published 02 Dec, 2021 03:57am
Print Stocks dive as Omicron worries push investors to safe havens NEW YORK: Global stock benchmarks and oil prices fell sharply Tuesday after drugmaker Moderna warned existing... Published 01 Dec, 2021 03:52am
Business & Finance Fed’s Powell warns Omicron poses risks to US economy WASHINGTON: The Omicron variant of Covid-19 could slow the recovery of the US economy and labor market and also... Published 01 Dec, 2021 03:52am
Markets Copper hits two-week low on Omicron uncertainty and Fed comments LONDON: Copper prices fell to a two-week low on Tuesday as worries about the damage to demand and economic growth... Published 30 Nov, 2021 11:32pm
Pakistan Meeting minutes show divide within Fed over inflation threat WASHINGTON: At the meeting where they announced the rollback of their pandemic stimulus measures, some Federal... Published 26 Nov, 2021 05:15am
Business & Finance Sterling hits fresh 2021 low versus dollar LONDON: The British pound hit a fresh 11-month low against the dollar on Wednesday as expectations for a rate hike... Published 25 Nov, 2021 03:53am
Opinion Investors bet Powell’s Fed will get more aggressive on inflation Investors are betting that newly renominated Federal Reserve Chairman Jerome Powell will need to step up the pace at... Published 24 Nov, 2021 05:18am
Markets Gold dips below $1,800 in Europe LONDON: Gold eased below $1,800 on Tuesday as the dollar hit 16-month highs and Treasury yields firmed, with... Published 24 Nov, 2021 05:18am
Markets US MIDDAY: Gold drops to near 3-week low NEW YORK: Gold prices fell more than 1% to a near three-week low on Tuesday as the renomination of US Federal ... Published 24 Nov, 2021 05:18am
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