Fed terminates 2013 money-laundering enforcement action against Citigroup WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed... Published 02 Oct, 2024 06:19am
Markets Dow advances to record high after inflation report NEW YORK: The blue-chip Dow rose on Friday to hit an intraday record and small-cap stocks outperformed after a ... Published 28 Sep, 2024 07:45am
World Trump says Fed’s rate cut was ‘political move’ WASHINGTON: Republican presidential candidate Donald Trump said on Thursday the US Federal Reserve’s decision to... Published 21 Sep, 2024 06:43am
Business & Finance US manufacturing mired in weakness; construction spending falls WASHINGTON: US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a... Published 04 Sep, 2024 07:59am
Markets Most Gulf markets gain on US rate cut prospects DUBAI: Most Gulf markets ended higher on Sunday, extending gains from the previous session, after data supported the... Published 02 Sep, 2024 07:38am
Markets Wall Street Week Ahead: US stock rally broadens as investors await Fed NEW YORK: A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration... Published 02 Sep, 2024 06:40am
Markets Gulf markets gain on hopes of early US Fed rate cut DUBAI: Most stock markets in the Gulf ended higher on Thursday, after US Federal Reserve minutes signalled... Published 23 Aug, 2024 03:24am
World Trump says US president should have say over monetary policy PALM BEACH, (United States): Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve... Published 10 Aug, 2024 06:51am
Business & Finance Fed under pressure to cut rates as market turmoil continues WASHINGTON: The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates... Published 07 Aug, 2024 05:37am
World US Fed keeps key lending rate unchanged WASHINGTON: The US Federal Reserve left its key lending rate unchanged again on Wednesday and said it had made "some... Published 01 Aug, 2024 12:34am
Business & Finance Dollar dips ahead of Powell comments NEW YORK: The dollar retreated from earlier highs on Monday ahead of comments from Federal Reserve Chair Jerome... Published 16 Jul, 2024 06:43am
Business & Finance Dollar clings to gains against major currencies NEW YORK: The dollar rose against other major currencies on Friday, hitting a fresh eight-week high against the yen... Published 22 Jun, 2024 06:47am
Business & Finance Dollar rebounds from multi-month lows NEW YORK: The US dollar rallied on Tuesday after falling overnight to its lowest against the euro, sterling and ... Published 05 Jun, 2024 08:02am
Markets S&P 500, Nasdaq drop as investors weigh Fed moves NEW YORK: The S&P 500 and the Nasdaq gave up early gains on Friday and were set to snap their five-week winning... Published 01 Jun, 2024 06:59am
Business & Finance Dollar set for first monthly drop after US inflation readout NEW YORK: The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed US... Published 01 Jun, 2024 06:59am
Business & Finance Dollar slides after US CPI data NEW YORK: The dollar fell on Wednesday after US consumer prices rose less than expected in April, indicating... Published 16 May, 2024 06:28am
Business & Finance Asian currencies: Malaysian ringgit hits 2-month high BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key... Published 16 May, 2024 06:28am
Business & Finance Yen slightly higher after suspected intervention NEW YORK: The yen was slightly stronger on the day on Thursday after a sudden rally late on Wednesday that traders ... Published 03 May, 2024 06:29am
Business & Finance Fed to meet amid dwindling hopes of summer rate cuts WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as... Updated 29 Apr, 2024 09:20am
Business & Finance US Fed’s preferred inflation gauge ticks up as fuel costs rise WASHINGTON: The US central bank’s favored measure of inflation edged higher last month on the back of rising fuel... Published 30 Mar, 2024 06:53am
Business & Finance Fed holds key rate, pencils in 3 cuts this year WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 23-year high for a fifth consecutive... Published 21 Mar, 2024 05:22am
Business & Finance Fed’s still expects rate cuts WASHINGTON: Continued progress on lowering inflation “is not assured” though the US Federal Reserve still ... Published 07 Mar, 2024 04:59am
Business & Finance Fed divided on risk of cutting rates too soon WASHINGTON: The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too... Published 23 Feb, 2024 06:36am
Business & Finance US Fed official warns against cutting rates too soon WASHINGTON: It would be a “mistake” for the US Federal Reserve to start cutting interest rates too soon, despite... Published 07 Feb, 2024 05:30am
Markets Wall St pares gains as rate-cut cheer ebbs after latest Fed comments NEW YORK: Wall Street’s three main indexes were muted at mid-day after a strong start on Wednesday, following... Published 30 Nov, 2023 04:53am
Markets Wall St regains ground on megacap boost NEW YORK: Wall Street’s main indexes climbed on Tuesday following a choppy start to the session as falling US... Published 08 Nov, 2023 05:42am
Business & Finance Tighter credit, lending conditions build case for Fed policy hold WASHINGTON: US Federal Reserve officials will likely leave their policy rate on hold at this week’s meeting thanks... Published 30 Oct, 2023 05:24am
Business & Finance Latam FX, stocks advance after US inflation data BENGALURU: Most Latin American currencies and stocks advanced on Friday after data in the United States reflected a... Published 30 Oct, 2023 05:24am
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
Markets S&P, Dow rise as yields slip ahead of Fed verdict NEW YORK: The S&P 500 and the Dow gained on Wednesday as Treasury yields pulled back ahead of a likely pause in... Published 21 Sep, 2023 06:08am
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan