Yen sinks to 34-year low vs dollar NEW YORK: The yen dropped to multi-year lows against the US dollar and euro on Tuesday, keeping investors on... Published 24 Apr, 2024 03:50am
Business & Finance US retail sales beat expectations, boost Q1 growth estimates WASHINGTON: US retail sales increased more than expected in March amid a surge in receipts at online retailers,... Published 16 Apr, 2024 03:38am
Markets Wall Street retreats as higher yields, Tesla dampen sentiment NEW YORK: Wall Street’s main indexes dropped on Tuesday, dragged down by rising Treasury yields and Tesla, as... Published 03 Apr, 2024 05:29am
Business & Finance US economy continues to shine with help from consumers, labor market WASHINGTON: The US economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer... Published 01 Apr, 2024 05:34am
Business & Finance US monthly inflation slows; consumer spending surges WASHINGTON: US prices increased less than expected in February, with the cost of services outside housing and energy... Published 30 Mar, 2024 07:30am
Business & Finance Brazil’s public debt up 2.25pc in February BRASILIA: Brazil’s federal public debt increased 2.25% in February from the month before to 6.595 trillion reais... Published 30 Mar, 2024 04:58am
Business & Finance Dollar dips vs yen after Japan inflation data NEW YORK: The dollar was down slightly against the Japanese yen on Tuesday after data showing Japan’s core ... Published 28 Feb, 2024 06:10am
Business & Finance Dollar inches down as heavy week of data begins NEW YORK: The dollar edged lower against a basket of major currencies on Monday ahead of US durable goods orders and... Published 27 Feb, 2024 03:06am
World Biden or Trump, hawkish economic approach on China to intensify WASHINGTON: In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US... Published 26 Feb, 2024 05:07am
Business & Finance Dollar drops second straight session NEW YORK: The dollar fell for a second straight session on Thursday after a mixed batch of data showed that the US... Published 16 Feb, 2024 06:02am
Markets Tokyo’s Nikkei index closes nearly 3pc higher TOKYO: Tokyo stocks surged Tuesday following another record high for the Dow on Wall Street, with exporters boosted... Published 14 Feb, 2024 02:34am
World US weekly jobless claims fall more than expected last week WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,... Published 08 Feb, 2024 07:36pm
Markets Dubai up ahead of US employment data DUBAI: The Dubai stock exchange closed higher on Friday, ahead of crucial US employment data that could hasten bets... Published 03 Feb, 2024 05:46am
Business & Finance Dollar gains before Fed, March rate cut seen less likely NEW YORK: The dollar gained on Monday as investors prepared for the prospect that the Federal Reserve could push ... Published 30 Jan, 2024 04:52am
Business & Finance Moderate US economic growth expected in fourth quarter WASHINGTON: The US economy likely grew at its slowest pace in 1-1/2 years in the fourth quarter as businesses... Published 25 Jan, 2024 11:21am
World US weekly jobless claims fall to level last seen in Sept 2022 WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week to the lowest level... Published 18 Jan, 2024 06:51pm
Markets Wall St slides as Treasury yields dent megacaps NEW YORK: Wall Street’s main indexes dropped on Wednesday, as rising Treasury yields pressured megacaps after... Published 18 Jan, 2024 05:54am
Business & Finance Dollar falls after weak US services sector data NEW YORK: The dollar dropped from three-week peaks on Friday in choppy trading after data showed the US services... Published 06 Jan, 2024 05:17am
Opinion Outlook 2024-I Global perspective has recently changed as economies have shown to be more resilient than experts had anticipated.... Published 02 Jan, 2024 05:21am
Markets Wall Street Week Ahead: History shows strong 2023 could keep US stocks on path for 2024 gains NEW YORK: The US stock market’s hefty gains in 2023 could provide a lift for equities next year, if history is any... Published 01 Jan, 2024 05:40am
Business & Finance Asian currencies rise on US rate cut hopes BENGALURU: Most Asian emerging market stocks rose on Thursday, while the Taiwanese dollar and the South Korean won... Published 29 Dec, 2023 02:58am
Business & Finance Dollar higher as big UK inflation drop hits pound NEW YORK: The dollar strengthened against the pound on Wednesday after data revealed sharply falling UK inflation,... Published 21 Dec, 2023 03:54am
Markets King dollar seen vulnerable in 2024 if Fed pivots NEW YORK: The Federal Reserve’s dovish December pivot has boosted the case for the weakening dollar to keep falling... Published 20 Dec, 2023 11:24am
World Fed flags end of rate hikes, sees lower borrowing costs in 2024 WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections... Published 14 Dec, 2023 12:34am
World US inflation should return to 2% range in 2024: Yellen WASHINGTON: The United States is likely to see inflation return to the range of the Federal Reserve’s two percent... Published 13 Dec, 2023 10:16pm
World US consumer prices unexpectedly rise in November WASHINGTON: U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering... Published 12 Dec, 2023 07:03pm
Markets 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
