Gold rangebound as investors brace for key US economic data Gold prices were trading in a tight range on Thursday as traders remained on the sidelines ahead of a key US... Published 03 Oct, 2024 10:52am
Markets Dollar firm after US data quells recession fears TOKYO: The dollar hovered near a two-week high to the yen after its biggest one-day gain against major peers in four... Published 16 Aug, 2024 09:53am
Markets Oil prices fall more than 1% on China worries Oil prices fell by more than $1 on Friday, with Brent slipping below $80 a barrel after a string of dismal... Updated 16 Aug, 2024 05:12pm
Business & Finance Oil rises nearly 2pc NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in... Published 16 Aug, 2024 06:56am
Markets Gold drifts higher as US rate cut optimism boosts appeal Gold prices nudged higher on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a... Published 16 Jul, 2024 09:37am
Markets Indian rupee up slightly as Asia FX takes a ‘breather’ on dip in US bond yields MUMBAI: The Indian rupee was mildly stronger on Monday, tracking a rise in its Asian peers, which were aided by a... Published 08 Jul, 2024 10:17am
Markets Dollar on the defensive after soft data, little relief for yen TOKYO: The dollar was on the back foot on Thursday after US economic data continued to point to slowing growth,... Published 04 Jul, 2024 09:56am
Business & Finance US dollar retreats after weak economic data NEW YORK/LONDON: The yen edged up from a 38-year low against the US dollar on Thursday, helped by softening US... Published 28 Jun, 2024 05:41am
Markets Asian markets rise with Wall St as traders eye latest US data HONG KONG: Asian equities rallied Tuesday, tracking another tech-driven record on Wall Street, while investors... Published 18 Jun, 2024 01:26pm
Markets Gold little changed as traders seek more data for Fed rate cues Gold prices were little changed on Monday as traders awaited more US economic data this week, after recent data... Published 03 Jun, 2024 10:29am
Business & Finance Dollar slips on profit taking NEW YORK: The dollar slipped broadly on Friday as traders booked profits after recent gains but the US currency... Published 25 May, 2024 06:33am
Business & Finance Dollar jumps on central bank divergence NEW YORK: The euro stumbled to a five-month low against the dollar on Friday after the European Central Bank... Published 15 Apr, 2024 03:56am
Business & Finance Asian currencies at multi-month lows as dollar steadies BENGALURU: Several currencies in emerging Asia extended losses on Wednesday to hit multi-month lows, while stocks... Published 28 Mar, 2024 06:30am
Markets India rupee may face some pressure as weaker yuan weighs on Asian FX MUMBAI: The India rupee is likely to open flat on Wednesday, although the Indian currency may face some pressure on... Published 27 Mar, 2024 10:46am
Markets Asian currencies at multi-month lows against US dollar; stocks mixed Several Asian currencies hit multi-month lows on Wednesday, while regional stocks were mixed, with traders pouring... Published 27 Mar, 2024 10:13am
Markets Yen hits 34-year low ahead of key US inflation test SINGAPORE: The dollar climbed on Wednesday in the wake of more strong US economic data, nudging the Japanese yen to... Published 27 Mar, 2024 09:57am
Business & Finance Asian currencies oscillate within tight range BENGALURU: Emerging Asian currencies were stuck in tight ranges on Monday, as the greenback received a boost from... Published 26 Mar, 2024 04:20am
Markets Currency market subdued ahead of fresh US economic data TOKYO: The currency market was sedate on Thursday, with the US dollar consolidating against major peers as market... Published 14 Mar, 2024 10:02am
Markets South Korean won, Taiwan dollar lead charge in Asian FX; equities rise The South Korean won and the Taiwan dollar led Asian currencies higher on Tuesday, supported by a weak dollar... Published 28 Nov, 2023 10:25am
Markets Japan shares hit three-decade high, yuan shoves dollar down SYDNEY: Japanese shares hit highs not seen since 1990 on Monday as strong earnings and offshore demand fuelled a... Updated 20 Nov, 2023 11:44am
Business & Finance Australia, NZ dlrs lower SYDNEY: The Australian and New Zealand dollars edged lower on Friday as softer US economic data weighed on some... Published 18 Nov, 2023 06:03am
Markets Most Gulf markets gain ahead of US economic data Most major stock markets in the Gulf rose in early trade on Tuesday ahead of economic data expected to offer clues... Published 24 Oct, 2023 02:05pm
Markets Dollar pauses rally as markets brace for US nonfarm payrolls test SINGAPORE: The dollar dipped on Friday but traders were largely keeping to the sidelines in both the currency and US... Published 06 Oct, 2023 10:15am
Opinion Bond vigilantes and inversion anxiety One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all... Updated 05 Oct, 2023 06:45am
Business & Finance Dollar flat, but on track for eight straight weeks of gains NEW YORK: The dollar was little changed on Friday, consolidating gains amassed during the week on... Published 11 Sep, 2023 06:32am
Markets European shares run out of steam by close as Bayer, energy stocks weigh PARIS: Europe’s benchmark STOXX 600 was unchanged on Thursday as a drag by Germany’s Bayer and energy stocks... Published 12 May, 2023 05:59am
Markets Oil set for weekly loss as economic uncertainty weighs LONDON: Oil prices were on track for a weekly loss, despite a rise on Friday on strong economic data in the euro... Updated 21 Apr, 2023 09:04pm
Business & Finance Dollar drops after recent gains NEW YORK: The dollar tumbled from a seven-week high on Monday, tracking declines in US Treasury yields, as investors... Published 28 Feb, 2023 07:12am
Markets Oil steady on mixed US economic data NEW YORK: Oil prices fluctuated in a narrow range on Thursday as the market weighed mixed US economic signals and... Published 17 Feb, 2023 06:00am
Markets Indian rupee poised to inch up on fall in US yields; budget, Fed outcome eyed MUMBAI: The Indian rupee is likely to open higher versus the dollar on Wednesday, helped by the decline in Treasury... Published 01 Feb, 2023 10:29am