Key US inflation measure posts largest annual increase in three years Published 29 May, 2026 01:43am Core PCE inflation advances 3.3% on year-over-year basis, versus Fed's 2% target
Ceasefire sends dollar toward weekly drop Published 11 Apr, 2026 06:16am NEW YORK: The dollar slipped on Friday, putting it on track for its largest weekly drop since January, as investors...
US dollar nearly flat Published 25 Oct, 2025 05:54am NEW YORK: The US dollar was almost flat on Friday after dipping following fresh inflation data that showed that US...
Gulf shares mixed on corporate earnings Published 12 Aug, 2025 03:12am DUBAI: Stock markets in the Gulf were mixed on Monday as investors weighed earnings reports while awaiting key US...
Most Gulf markets in red Published 17 Jul, 2025 03:32am DUBAI: Most Gulf markets ended lower on Wednesday as investors weighed US trade policy developments and signs that...
US consumer prices increase more than expected in January Published 12 Feb, 2025 07:25pm WASHINGTON: US consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message...
Japanese rubber easier on volatile yen Published 14 Jul, 2024 02:55am SINGAPORE: Japanese rubber futures fell on Friday, as a volatile yen and weak Chinese economic data weighed, but...
Copper steady ahead of Chinese loan data Published 12 Mar, 2024 04:28am LONDON: Copper prices steadied on Monday as the market awaited Chinese loan data for indications of demand from the...
Oil prices rise on ME tensions Published 14 Feb, 2024 02:34am HOUSTON: Oil prices rose on Tuesday as tensions in the Middle East stoked future supply concerns, but gains were...
Copper climbs as markets await US inflation numbers Published 13 Feb, 2024 05:59am LONDON: Copper prices rose in muted trade on Monday as traders and funds cut short positions betting on lower prices...
Saudi bourse retreats on US CPI data Published 15 Jan, 2024 05:03am DUBAI: Saudi Arabia’s stock market ended lower on Sunday as investors continued to parse US economic data to...
European shares fall as hot US inflation data rains on rate-cut hopes Published 12 Jan, 2024 03:06am PARIS: European shares ended lower on Thursday after a hotter-than-anticipated US inflation reading doused hopes of...
Copper weakens as dollar climbs amid strong inflation Published 12 Jan, 2024 03:06am LONDON: Copper prices retreated on Thursday from session highs as the dollar climbed after strong inflation data ...
US consumer prices unexpectedly rise in November Published 12 Dec, 2023 07:03pm WASHINGTON: U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering...
Dollar weakens after data shows US inflation moderating Published 15 Nov, 2023 06:09am NEW YORK: The dollar fell more than 1 percent against major currencies on Tuesday after US consumer price data ...
Gold up as it heads for best week since March Published 15 Oct, 2023 03:19am BENGALURU: Gold edged up on Friday and was set for its best week in seven months, deriving support from tensions in...
Australia, NZ dollars lower Published 14 Oct, 2023 05:32am SYDNEY: The Australian and New Zealand dollars nursed losses on Friday after a hotter-than-expected US inflation...
Dollar gains after US consumer prices rise Published 13 Oct, 2023 05:50am NEW YORK: The dollar strengthened on Thursday after US consumer prices rose more than expected in September on a...
US consumer prices rise on gasoline and shelter costs in September Published 12 Oct, 2023 05:51pm WASHINGTON: US consumer prices increased in September amid higher costs for rent and gasoline, but underlying...
Higher gasoline prices seen boosting US inflation in August Published 13 Sep, 2023 10:36am WASHINGTON: US consumer prices likely increased by the most in 14 months in August amid a surge in the cost of...
UAE markets gain as Fed rate hike pause seen Published 15 Apr, 2023 06:19am DUBAI: Stock markets in the United Arab Emirates ended higher on Friday on speculation the Federal Reserve is ...
Wall St sheds gains after brief rally Published 13 Apr, 2023 06:37am NEW YORK: US stock indexes gave up most of their gains on Wednesday as investors reassessed the outlook for US...
US consumer prices increase solidly in February Published 14 Mar, 2023 06:06pm WASHINGTON: US consumer prices increased in February amid sticky rental housing costs, but economists are divided on...
Walmart gets cautious on economic outlook Published 27 Feb, 2023 07:40am NEW YORK: Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether...
Dollar advances to six-week peak after strong US retail sales data Published 16 Feb, 2023 06:08am NEW YORK: The dollar rose to a six-week high against a currency basket on Wednesday after hotter-than-expected US...
Wall St slides as inflation data, policymakers stoke rate worries Published 15 Feb, 2023 06:27am NEW YORK: Wall Street’s main indexes slid on Tuesday after data showed consumer prices accelerated in January,...
US inflation eases in January but kept high on rent and energy costs Published 15 Feb, 2023 06:27am WASHINGTON: Rising rent and a gasoline price rebound helped keep US consumer prices elevated in January, according ...
Wall St rises in volatile trade as investors assess inflation data Published 13 Jan, 2023 06:05am NEW YORK: Wall Street’s main indexes rose in choppy trade on Thursday as cooling inflation supported bets of...
Gold rises after US inflation data ease concerns Published 13 Jan, 2023 06:05am NEW YORK: Gold prices pared gains after earlier jumping more than 1% to above the key $1,900 per ounce pivot on...
Copper hits 7-month peak as US consumer prices fall Published 13 Jan, 2023 06:05am LONDON: Copper prices touched a seven-month high on Thursday after US consumer prices unexpectedly fell, brushing...