Dollar edges lower as risk sentiment steadies NEW YORK: The US dollar edged down on Monday as riskier currencies firmed, helped by investors’ improved appetite... Published 20 Dec, 2022 05:58am
Markets Copper hits multi-month peak as dollar slides LONDON: Copper prices jumped to their highest in nearly six months on Tuesday on a weaker dollar after a further... Published 14 Dec, 2022 05:57am
Business & Finance Yen, Swiss franc gain on China concerns, dollar drops NEW YORK: The safe-haven Swiss franc and Japanese yen gained on Monday, while the Aussie dollar and Chinese yuan... Published 29 Nov, 2022 05:57am
Business & Finance Dollar edges up in range-bound holiday markets NEW YORK: The dollar edged higher across the board on Friday in a quiet session following the US Thanksgiving ... Published 28 Nov, 2022 05:48am
Markets New China Covid curbs push copper to two-week low LONDON: Copper prices slid to their lowest in more than two weeks on Monday, pressured by fresh COVID curbs in top... Published 22 Nov, 2022 03:23am
Business & Finance Indian rupee dips MUMBAI: The Indian rupee weakened slightly against the US currency on Wednesday on dollar demand from importers,... Published 03 Nov, 2022 05:50am
Markets Corn, wheat sag on firm dollar, concerns over US export demand CHICAGO: US grain futures edged lower on Friday as gains in the dollar made commodities priced in the US currency... Published 30 Oct, 2022 03:57am
Markets British pound extends recovery with 1% dollar gain LONDON: The pound recovered further Wednesday, jumping more than one percent against the dollar, as markets welcomed... Published 26 Oct, 2022 02:46pm
Business & Finance Indian rupee edges up MUMBAI: The Indian rupee slipped to a record low versus the US currency on Thursday, before recovering to end the... Published 21 Oct, 2022 05:57am
Business & Finance Japan warns against yen sell-off, eyes intervention TOKYO: Japanese policymakers kept up their warnings against investors selling off the Japanese currency as the... Published 12 Oct, 2022 10:45am
Markets Aluminium staggers lower on recession fears LONDON: Aluminium and some other base metal prices slumped on Tuesday as concern grew that a global economic ... Published 12 Oct, 2022 05:46am
Markets Copper firms LONDON: Copper prices rose on Monday but Chinese-led demand fears, expectations of further increases to US interest... Published 11 Oct, 2022 05:54am
Opinion Strong US dollar an unstoppable force endangering other currencies The dazzling rise of the US dollar, which has hit one record after another, is raising fears of a currency crash of ... Updated 02 Oct, 2022 06:18am
Markets Palm snaps 5-day losing streak JAKARTA: Malaysian palm oil rebounded on Thursday after plunging to a near 20-month low in the previous session,... Published 30 Sep, 2022 05:52am
Markets Russian stocks sink, rouble slips vs dollar MOSCOW: The risk of further Western sanctions sent Russian stocks plunging on Monday to their lowest since Feb. 24,... Published 27 Sep, 2022 04:06am
Markets Weaker dollar lifts copper as market awaits China data LONDON: Copper prices rose on Monday, supported by a weaker dollar while the market awaited data from top consumer... Published 13 Sep, 2022 06:12am
Business & Finance Dollar eases from a 20-year high NEW YORK: The dollar eased from a 20-year high on Friday after data showed the pace of US hiring rose more than... Published 05 Sep, 2022 06:04am
Markets Indian rupee seen weaker as Fed rate hike prospects strengthen dollar MUMBAI: The Indian rupee is expected to open lower against the US currency on Friday after the dollar index reached... Published 19 Aug, 2022 11:44am
Business & Finance Sterling struggles as inflation outlook sours mood LONDON: The British pound weakened against the dollar on Thursday after policy minutes from the Federal Reserve... Published 19 Aug, 2022 05:57am
Markets Wall Street Week Ahead Strong dollar looms over US earnings season NEW YORK: Companies reporting earnings in coming weeks are likely to mention one common factor gouging their ... Published 25 Jul, 2022 06:12am
Markets Wall Street powers ahead with earnings in full swing NEW YORK: Wall Street’s main indexes rose on Tuesday as the earnings season moves beyond big banks, with investors... Published 20 Jul, 2022 05:48am
Business & Finance Turkish lira falls ANKARA: Turkey’s lira extended its recent losses on Thursday, weakening as far as 17.50, as the dollar’s broad... Published 15 Jul, 2022 06:20am
Markets Industrial metals tumble as dollar rises and growth slows LONDON: Industrial metals prices fell sharply on Thursday as markets braced for rapid interest rate rises that will... Published 15 Jul, 2022 06:20am
Business & Finance Pound tumbles to lowest since March 2020 LONDON: Sterling fell on Thursday and briefly hit its weakest since March 2020 below $1.18 as another bout of risk... Published 15 Jul, 2022 06:20am
Business & Finance Dollar slips as global growth worries fester NEW YORK/LONDON: The dollar eased against the euro and yen on Wednesday as concerns mounted that interest rate hikes... Published 23 Jun, 2022 06:05am
Business & Finance Dollar rally stalls as risk appetite returns NEW YORK: The dollar eased for a third straight day on Tuesday, pulling back from a two-decade high against a basket... Published 18 May, 2022 05:54am
Business & Finance Sterling steadies but declines against dollar LONDON: Britain’s pound steadied against the dollar on Friday, although it was set for a fourth consecutive week ... Published 16 May, 2022 05:42am
Opinion Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest... Published 23 Apr, 2022 04:45am
Business & Finance US dollar continues to garner support from Fed hike expectations NEW YORK: The dollar edged higher on Monday in thin and choppy trading, in line with higher US Treasury yields as... Published 19 Apr, 2022 05:32am
Business & Finance Canadian dollar pulls back from 8-day high TORONTO: The Canadian dollar edged lower against its US counterpart on Thursday, pulling back from its strongest... Published 15 Apr, 2022 05:29am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn