Yen rallies on hints of BOJ policy shift SINGAPORE: The yen extended its towering rally on Friday and marched toward its best week against the dollar in... Published 08 Dec, 2023 10:06am
Markets China’s yuan weakens on persistent property sector woes SHANGHAI: China’s yuan weakened on Thursday against the US dollar, following data that showed persistent weakness in... Published 16 Nov, 2023 10:21am
Markets Yen’s fall toward multi-decade lows keeps markets on intervention watch SINGAPORE: The battered yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a... Published 14 Nov, 2023 09:59am
Markets Oil prices decline HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain... Published 06 Oct, 2023 03:03am
Markets Oil steadies as China fears counter tight US supply Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed... Updated 16 Aug, 2023 09:23pm
Markets Dollar struggles before payrolls test; Aussie rebounds TOKYO: The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key... Published 04 Aug, 2023 09:47am
Markets Euro staggers as traders wary of hawkish ECB; dollar gains SINGAPORE: The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc’s... Published 25 Jul, 2023 10:02am
Print Industrial consumers: PLL, SSGC may be allowed to auction off unutilized capacity of LNG ISLAMABAD: The government is likely to allow Pakistan LNG Limited (PLL) and Sui Southern Gas Company (SSGC) to... Updated 25 Jul, 2023 10:04am
Markets Yuan slides after China cuts lending benchmarks; Aussie down SINGAPORE: The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian... Published 20 Jun, 2023 09:27am
Markets Dollar dips ahead of US inflation data, central bank meetings SINGAPORE: The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious... Published 13 Jun, 2023 09:51am
Markets Oil prices rise on bargain hunting as demand worries weigh LONDON: Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s... Updated 13 Jun, 2023 07:24pm
Markets Oil leaps $4/bbl as OPEC+ surprises by cutting output target BENGALURU: Oil prices jumped by more than $4 a barrel on Monday, headed for its biggest daily rise in nearly a year... Updated 03 Apr, 2023 10:13pm
Markets Oil rises on US crude draw, Iraqi supply risks LONDON: Oil prices rose on Thursday as a surprise drop in US crude stockpiles and a halt in exports from Iraq’s... Updated 30 Mar, 2023 06:18pm
Markets Oil rises on demand hopes as banking fears ease LONDON: Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support... Updated 17 Mar, 2023 05:02pm
Markets Global bank shares sink over US fears PARIS: The world’s biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender... Published 10 Mar, 2023 03:31pm
Markets Dollar cautiously firm ahead of busy central bank week SINGAPORE: The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central... Published 30 Jan, 2023 09:40am
Markets Tokyo shares jump after US rallies TOKYO: Tokyo stocks marked a three-day winning streak Tuesday as investors took heart from rallies on Wall Street... Updated 24 Jan, 2023 12:39pm
Markets Yen surges on BOJ policy shift speculations; dollar slides to seven-month low SINGAPORE: The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over... Published 16 Jan, 2023 10:33am
Markets Dalian, Singapore iron ore futures down MANILA: Dalian and Singapore iron ore futures slipped on Tuesday, with traders curbing optimism about China’s... Published 14 Dec, 2022 05:57am
Markets Japan’s yen jumps on suspected BOJ intervention, fails to keep gains SINGAPORE: The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early... Published 24 Oct, 2022 09:44am
Markets Global rice supplies at risk as harsh weather hits top exporters SINGAPORE/MUMBAI: Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is... Published 05 Aug, 2022 03:01pm
Markets Asian markets extend rally as rate hike fears subside HONG KONG: Asian markets rallied again Monday, building on last week’s advances and following a strong performance... Published 28 Jun, 2022 06:10am
Business & Finance Australia, NZ dollars pause for breath SINGAPORE: The Australian and New Zealand dollars were knocked from three-week highs on Tuesday as renewed global... Published 01 Jun, 2022 05:53am
Markets Tokyo stocks open lower with eyes on US Fed's minutes TOKYO: Tokyo stocks opened lower on Wednesday, extending US falls as investors awaited minutes from a US Federal... Published 06 Apr, 2022 12:01pm
Markets Asian markets drop as Ukraine fears return, oil extends losses HONG KONG: Asian markets fell Friday following a steep drop on Wall Street fuelled by renewed fears that Russia will... Published 18 Feb, 2022 11:08am
Print Three banks join initiative for voluntary carbon market platform LONDON: Three more banks have joined an initiative to develop a new platform for settling transactions of voluntary... Published 16 Feb, 2022 06:20am
Markets Soybeans drop to nine-month low on higher US inventories SINGAPORE: Chicago soybean futures slid for a third consecutive session on Monday to hit their lowest in more than... Published 04 Oct, 2021 10:56am
Markets Australia's NAB says steering clear of crypto-currency firms until risks known NAB is one of many of Australia's top financial institutions that have not engaged with the sector, despite its huge growth in the past year, due to its high risks Published 09 Sep, 2021 12:25pm
Markets Tokyo shares open lower ahead of Powell speech The dollar stood at 109.98 yen compared with 110.04 yen Published 27 Aug, 2021 10:13am
Markets NAB to buy Citi's Australia consumer unit in $880mn deal Citi's consumer business in Australia had lending assets of A$12.2 billion and deposits of A$9 billion at the end of June Published 09 Aug, 2021 10:16am
