Fed leaves rates unchanged, flags ‘lack of further progress’ on inflation Likely that gaining greater confidence will take longer than previously expected, says Fed Chair Jerome Powell Published 01 May, 2024 11:53pm
Markets Gold slips from record levels after hot US inflation data Gold prices slipped from record-high levels on Wednesday as the U.S. dollar and Treasury yields firmed after a... Updated 11 Apr, 2024 10:44am
Markets US yields spike after inflation report, 10-year hits 4.5% NEW YORK: U.S. Treasury yields spiked on Wednesday after inflation data came in higher than expected, lifting the... Updated 12 Apr, 2024 09:31am
Markets Wall Street extends recent gains, led by megacaps NEW YORK: U.S. stocks were higher in afternoon trading on Monday, adding to recent strong gains, with megacap growth... Published 16 Aug, 2022 12:21am
Markets US yields edge lower after Fed rate decision NEW YORK: Treasury yields edged lower on Wednesday after the Federal Reserve hiked interest rates by 75 basis points... Published 28 Jul, 2022 12:49am
Markets Wall St tumbles as weak consumer confidence stokes growth worries Wall Street's main indexes tumbled in midday trading on Tuesday as a sharp drop in consumer confidence brought to ... Published 28 Jun, 2022 10:48pm
Markets US yields edge up on slower growth outlook NEW YORK: U.S. Treasury yields edged up on Thursday after the benchmark 10-year note hit a fresh six-week low, with... Published 27 May, 2022 12:41am
Business & Finance U.S. Treasury’s Yellen to push Poland on global minimum tax implementation WARSAW: US Treasury Secretary Janet Yellen will thank Poland for hosting millions of Ukrainian war refugees on... Published 16 May, 2022 11:41am
Markets US two-year yields soar to highest since November 2018 ahead of Fed decision NEW YORK: U.S. Treasury two-year yields rose on Wednesday to their highest in more than three years, ahead of a... Published 04 May, 2022 08:34pm
Markets Gold eases as yields, dollar climb after US jobs data NEW YORK: Gold prices slipped on Friday, pressured by a firmer dollar and higher U.S. Treasury yields as upbeat U.S.... Published 05 Feb, 2022 05:47am
Markets Growth bargains, upbeat earnings boost Wall Street NEW YORK: US stock indexes rose on Thursday on strong earnings reports, while bargain hunting boosted mega-cap ... Published 21 Jan, 2022 05:27am
Markets Gold slips on firm dollar, yields as focus turns to Fed meet NEW YORK: Gold prices fell on Tuesday, dragged by a stronger dollar and higher U.S. Treasury yields, as investors... Published 19 Jan, 2022 06:15am
Business & Finance Sterling hits week low as dollar strength, political risk weigh LONDON: Sterling fell to its lowest level in a week against the dollar on Tuesday as a jump in U.S. Treasury yields... Published 19 Jan, 2022 06:15am
Markets European shares end at one-week low as tech resumes its descent European shares closed at a one-week low on Tuesday, with tech stocks losing the most as a rise in short-term U.S.... Published 18 Jan, 2022 10:38pm
Markets Gold slips on firm dollar, yields as focus turns to Fed meet Gold prices fell on Tuesday, dragged by a stronger dollar and higher U.S. Treasury yields, as investors turned their... Published 18 Jan, 2022 10:34pm
Markets Wall St Week Ahead; Earnings to test growth stocks after rocky start to year NEW YORK: A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as... Published 17 Jan, 2022 07:12am
Markets Gold slips as yields edge up, Fed rate hikes loom Gold prices retreated on Thursday, as U.S. Treasury yields drifted higher with the Federal Reserve likely to stay on... Published 13 Jan, 2022 10:56pm
Markets Gold slips to 1-week low as equities thrive; dollar dip contains losses • Gold prices to hover around $1,800 mark in Q1 of 2022 • Gold faces biggest annual decline since 2015 NEW... Published 30 Dec, 2021 04:40am
Markets Gold climbs on weaker dollar, lingering Omicron worries Gold prices gained on Wednesday, aided by a retreat in the dollar and lingering fears over the Omicron coronavirus... Updated 22 Dec, 2021 11:07pm
Markets Tech, healthcare firms drag Hong Kong shares lower HONGKONG: Hong Kong shares closed lower on Wednesday, dragged down by technology and healthcare firms, while ... Published 28 Oct, 2021 04:06am
Markets Japan's 10-year bond yields track U.S. Treasury yields lower TOKYO: Japan's benchmark 10-year government bond yields fell on Tuesday, tracking U.S. Treasury yields, while a... Published 19 Oct, 2021 03:16pm
Markets Yields rise as eased debt ceiling fears fuel risk appetite CHICAGO: U.S. Treasury yields rose on Thursday as market positioning ahead of the September employment report and a... Published 08 Oct, 2021 01:30am
Markets Gold drops as rising U.S. yields, firm dollar dent appeal Gold prices fell as much as 1.2pc on Tuesday, as firmer U.S. Treasury yields and a stronger dollar dented the... Published 05 Oct, 2021 11:23pm
Markets Short-end yields spike amid debt ceiling conflict CHICAGO: U.S. Treasury yields rose on Monday, spiking sharply on the shortest end of the yield curve as Washington... Published 05 Oct, 2021 01:41am
Markets South African rand slumps as China fears weigh on mood, stocks rise JOHANNESBURG: South Africa's rand slumped on Monday, tracking a broader decline in emerging market currencies on... Published 04 Oct, 2021 11:22pm
Markets Wall Street ends sharply lower in broad sell-off NEW YORK: Wall Street plunged on Monday as fear of contagion from a potential collapse of China's Evergrande ... Updated 21 Sep, 2021 01:18am
Markets U.S. yields tumble as Evergrande fears boost safe-haven appeal NEW YORK: U.S. Treasury yields fell on Monday as fears that property developer China Evergrande Group might default... Updated 21 Sep, 2021 12:49am
Markets Wall Street ends rollercoaster week sharply lower NEW YORK: U.S. stocks closed sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic... Published 18 Sep, 2021 01:07am
Markets Gold resumes retreat on dollar strength with all eyes on Fed Gold's slight rebound on Friday from a sharp selloff in the previous session lost steam as the dollar gained, ... Published 17 Sep, 2021 11:23pm
Markets Canadian dollar slides to 1-week low ahead of BoC rate decision TORONTO: The Canadian dollar on Tuesday weakened against its U.S. counterpart and all the other G10 currencies, as... Updated 08 Sep, 2021 01:23am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer