Tokyo markets end sharply higher TOKYO: Tokyo stocks ended sharply higher on Wednesday supported by gains in US high-tech shares as investors ... Published 07 Dec, 2023 04:35am
World US private payrolls miss expectations in November WASHINGTON: U.S. private payrolls increased less than expected in November as the labor market gradually cools.... Published 06 Dec, 2023 06:29pm
Business & Finance US dollar bolstered by month-end buying NEW YORK: The dollar gained on Thursday, boosted by month-end buying, despite data showing signs of a slowing US... Published 01 Dec, 2023 04:43am
World US third-quarter economic growth revised up to 5.2% WASHINGTON: The US economy grew faster than initially thought in the third quarter, but momentum appears to have... Published 29 Nov, 2023 06:52pm
World US weekly jobless claims fall; labor market still slowing WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,... Published 22 Nov, 2023 06:48pm
Markets Japan shares hit three-decade high SYDNEY: Japanese shares hit highs not seen since 1990 on Monday as strong earnings and offshore demand fuelled a... Published 21 Nov, 2023 06:01am
World US weekly jobless claims rise more than expected WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last... Published 16 Nov, 2023 06:54pm
World US retail sales fall slightly in October WASHINGTON: U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing... Published 15 Nov, 2023 07:09pm
Markets European shares rise on strong earnings PARIS: European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while... Published 09 Nov, 2023 05:38am
Opinion Rising global economic uncertainties ‘Businesses, governments, and investors were already navigating a foggy global landscape before the tragic events... Updated 03 Nov, 2023 07:13am
Markets Wall St gains on megacap boost ahead of Fed verdict NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of... Published 31 Oct, 2023 05:26am
Business & Finance Fed may pause again with rates at 22-year high WASHINGTON: The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as... Updated 30 Oct, 2023 08:50am
Business & Finance Dollar edges down as month-end flows weigh NEW YORK: The dollar eased against a basket of currencies on Friday, pulled-down by month-end rebalancing flows, but... Published 28 Oct, 2023 05:58am
Business & Finance US economy grows at fastest rate in nearly two years WASHINGTON: The US economy heated up in the third quarter, government data showed on Thursday, as a resilient job... Published 27 Oct, 2023 05:16am
World US mortgage rates soar to highest in more than 23 years The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking... Updated 25 Oct, 2023 10:22pm
Business & Finance Dollar higher as US business activity ticks up NEW YORK: The dollar climbed against a basket of currencies on Tuesday as a slew of fresh economic data highlighted... Published 25 Oct, 2023 06:19am
Markets Treasuries: US yields slide on Mideast worries, 10-year just under 5pc NEW YORK: US Treasury prices rebounded on Friday as investors sought the safety of bonds amid fears of an escalating... Published 23 Oct, 2023 05:58am
Markets Wall St slides as Treasury yields stay high NEW YORK: Wall Street’s main indexes dropped on Friday as US Treasury yields hovered near multi-year highs... Published 21 Oct, 2023 06:05am
World US inflation is ‘still too high’: Fed Chair Powell WASHINGTON: US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 20 Oct, 2023 05:17am
World US inflation is 'still too high': Fed Chair Powell WASHINGTON: US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 19 Oct, 2023 11:17pm
World Fed’s Powell to take the stage amid a suddenly choppy landscape Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S.... Published 19 Oct, 2023 06:49pm
World US weekly jobless claims unexpectedly fall WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,... Published 19 Oct, 2023 06:04pm
Business & Finance US retail sales higher than expected in September WASHINGTON: Retail sales in the United States came in stronger than expected in September according to government... Published 18 Oct, 2023 06:09am
World Ford Chairman Bill Ford calls for deal to end UAW strike DEARBORN (Michigan): Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day... Published 17 Oct, 2023 05:51am
World US consumer prices rise on gasoline and shelter costs in September WASHINGTON: US consumer prices increased in September amid higher costs for rent and gasoline, but underlying... Published 12 Oct, 2023 05:51pm
Business & Finance Fed should proceed ‘carefully’ on rate hikes: officials WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates... Published 10 Oct, 2023 06:19am
Editorials High interest rate environment EDITORIAL: It seems the Fed-led hawkish interest rate cycle that started last March and battered tech stocks across... Published 07 Oct, 2023 06:01am
Business & Finance US manufacturing sector nears recovery; construction spending solid WASHINGTON: US manufacturing took a step further towards recovery in September as production picked up and ... Updated 03 Oct, 2023 06:43am
Markets Wall St climbs after investors digest slew of economic data NEW YORK: Wall Street’s key indexes gained on Thursday as investors assessed the latest batch of economic data and... Published 29 Sep, 2023 06:24am
Markets Oil prices ease 1pc on profit taking NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ... Published 29 Sep, 2023 06:24am