Gold set for weekly loss on stronger dollar, rate-hike bets Published 22 May, 2026 08:40am Spot gold was down 0.4% at $4,522.89 per ounce
Iran war pauses global easing push by central banks in April Published 06 May, 2026 08:41pm LONDON: The Iran war has seen major central banks put interest rates on hold in April and stymied an easing push in...
KSE-100 sheds over 1,500 points amid geopolitical tensions Updated 19 Mar, 2026 04:03pm Benchmark index loses over 1%
Oil woes, capital outflows drag rupee to record low Published 19 Mar, 2026 12:27am The rupee closed at 92.63 per dollar, eclipsing its previous lifetime low of 92.4750 hit last week
Finance ministry rebuts ‘misleading’ claims on Pakistan’s external debt Published 22 Feb, 2026 07:57pm Says Pakistan’s external debt profile remains predominantly concessional and long-term
PSX ends lower as KSE-100 sheds nearly 1,800 points Updated 09 Feb, 2026 06:03pm Benchmark index settles at 182,340.38 points
Fed holds rates steady, sees 'elevated' inflation and stabilizing job market Updated 29 Jan, 2026 06:37am Economic activity has been expanding at a solid pace,” Fed policymakers said
Trump says next Fed chair will believe in lower interest rates ‘by a lot’ Published 18 Dec, 2025 08:25am Trump made the comments during a national address touting his economic and national security accomplishments in the first year of his second term in office
Wall St mixed ahead of Fed verdict Published 11 Dec, 2025 03:26am NEW YORK: Wall Street’s main indexes were mixed on Wednesday, ahead of a closely watched Federal Reserve decision...
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds Published 11 Dec, 2025 12:38am WASHINGTON: The U.S. Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will...
Reversal of weak dollar may test Asia’s resilience to tariffs, IMF says Published 24 Oct, 2025 08:29am Asia may see its resilience to U.S. tariffs challenged if a rally in the dollar and a rebound in low interest rates...
Trump says Fed’s Powell will be out in 8 months, calls him a ‘numbskull’ Published 23 Jul, 2025 12:42am WASHINGTON: U.S. Federal Reserve Chair Jerome Powell is a “numbskull” who has kept interest rates too high, but he...
Japan wholesale inflation steady near 4%, keeps alive BOJ rate-hike chance Published 16 Jan, 2025 08:24am TOKYO: Japan’s annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed...
Indian rupee may not build on recovery despite renewed Fed rate-cut hopes Published 16 Jan, 2025 08:21am MUMBAI: The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite...
Fed leaves rates unchanged, flags ‘lack of further progress’ on inflation Published 01 May, 2024 11:53pm Likely that gaining greater confidence will take longer than previously expected, says Fed Chair Jerome Powell
Bank of Canada: can’t cut rates until it sees more inflation progress Published 10 Apr, 2024 07:58pm OTTAWA: The Bank of Canada (BoC) kept its key interest rate unchanged at a near 23-year high of 5% on Wednesday and...
'Almost all' Fed officials agreed to skip June hike: minutes Published 06 Jul, 2023 12:01am WASHINGTON: A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy...
Fed's Powell says rate hikes will come at a 'careful pace' from here Published 22 Jun, 2023 10:52pm WASHINGTON: U.S. Federal Reserve Chair Jerome Powell said on Thursday the central bank would move interest rates at ...
Oil jumps 3% on US debt ceiling progress, OPEC+ in focus Published 01 Jun, 2023 11:26pm BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and...
Fed's Powell: don't assume Fed can protect U.S. economy from debt limit default Published 04 May, 2023 12:59am WASHINGTON: The U.S. Federal Reserve is unlikely to be able to shield the U.S. economy from the fallout of a failure...
U.S. Treasury, Federal Reserve in touch with Swiss authorities after UBS deal to buy Credit Suisse Published 20 Mar, 2023 12:57am WASHINGTON: The U.S. Federal Reserve and the Treasury Department said on Sunday they welcomed the announcements by...
What caused Silicon Valley Bank’s failure? Updated 11 Mar, 2023 06:51pm NEW YORK: SVB Financial Group Inc’s shutdown and takeover by banking regulators on Friday can be traced to the U.S....
Banking regulators close SVB, move quickly to avert crisis Published 10 Mar, 2023 11:04pm California banking regulators on Friday closed SVB Financial Group, the largest bank failure since the financial...
Japan must take steps against ‘excessive, one-sided’ yen moves, official says Published 11 Sep, 2022 02:38pm TOKYO: Japan’s government must take steps as needed against excessive declines in the yen, deputy chief cabinet...
Gold in tight range as dollar, T-bond yields pick up steam Published 03 Aug, 2022 11:35pm Gold prices edged up on Wednesday, pressured by a stronger dollar and Treasury yields as hawkish comments from U.S....
Saudi central bank increases key rates by 75 bps Published 28 Jul, 2022 12:51am DUBAI: The Saudi Central Bank said on Wednesday it increased its key interest rates by 75 basis points, moving in...
Dollar slightly lower after Fed hikes by 75 basis points Published 28 Jul, 2022 12:44am NEW YORK: The dollar was slightly lower on Wednesday against a basket of major currencies after the U.S. Federal...
Stronger dollar pushes gold to fifth weekly loss Published 16 Jul, 2022 04:20am LONDON: Gold slipped on Friday and was headed for a fifth consecutive weekly loss, knocked down by the dollar’s...
Qatar central bank raises deposit rate by 75 bps to 2.25% Published 16 Jun, 2022 12:56am The Central Bank of Qatar said on Wednesday it raised its main deposit rate by 75 basis points (bps) to 2.25%, ...
UAE central bank increases base rate by 75 bps Published 16 Jun, 2022 12:51am The Central Bank of the United Arab Emirates said on Wednesday it increased its base rate by three quarters of a...