Wall St gains with all eyes on key inflation data NEW YORK: Wall Street’s main indexes rose on Wednesday with investors keenly awaiting a crucial inflation reading... Published 12 Jan, 2023 06:53am
Opinion Investors count on bonds to rescue battered 60/40 portfolio in 2023 Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible US recession... Published 22 Dec, 2022 05:57am
Markets Wall Street falls as recession worries persist NEW YORK: US stock indexes fell on Monday, led by shares of Tesla and other megapcap companies, as investors feared... Published 20 Dec, 2022 06:48am
Markets Wall Street Week Ahead: US stock rally faces gauntlet of CPI data, Fed meeting NEW YORK: A double dose of potentially market-moving US events next week could set the tone for asset prices in the... Published 12 Dec, 2022 06:07am
Markets Indian shares settle lower on hawkish Fed fears BENGALURU: Indian shares logged losses amid cautious trading on Tuesday, a day ahead of the domestic central ... Published 07 Dec, 2022 07:24am
Business & Finance US rate hikes could slow 'as soon as' December: Fed chair WASHINGTON: The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome... Published 01 Dec, 2022 12:43am
Markets US Fed announces fourth straight 0.75 point rate hike Latest three-quarter percentage point increase takes the benchmark lending rate to 3.75-4.0 percent, the highest since January 2008 Updated 03 Nov, 2022 12:13am
Markets Indian bond yields seen little changed; US Fed, RBI in focus MUMBAI: Indian government bond yields are expected to be largely unchanged in early trades on Monday, as traders... Published 31 Oct, 2022 10:07am
Opinion Debt rescheduling challenge The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing... Published 31 Oct, 2022 06:23am
Markets Gold eases as dollar resumes rally in run up to Fed decision NEW YORK: Gold gave up small gains in range-bound trading on Tuesday as the dollar resumed its climb and hit a... Published 15 Jun, 2022 07:37am
Perspectives Oil prices: the biggest tail-risk for Pakistan’s economy A tail-risk is an event that has an extremely low probability of occurring but when it does, the loss is severe and... Published 01 Jun, 2022 07:22pm
Markets Copper prices fall on US Fed pledge for high rates LONDON: Copper prices retreated on Wednesday under pressure from a stronger dollar after the Federal Reserve... Published 19 May, 2022 06:34am
Business & Finance 10-year yield crosses above 2.7pc in path of least resistance NEW YORK: The US Treasury 10-year yield hit a three-year high on Friday above 2.7% and the two-year/10-year spread... Published 11 Apr, 2022 07:08am
Markets Wall Street Week Ahead: Beaten-down growth stocks alluring as Fed slows US economy NEW YORK: Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as... Published 11 Apr, 2022 07:08am
Markets Eurozone stocks climb but London slips LONDON: Eurozone stocks rose Thursday but London drooped as investors digested news that the Federal Reserve held ... Published 11 Apr, 2022 06:51am
Markets Yields fall as wages stall, Ukraine fears rise NEW YORK: US Treasury yields fell on Friday after data showed that wage growth stalled in February, while the yield... Published 07 Mar, 2022 06:07am
Business & Finance NBP says 'fully committed to satisfying US regulators' expectations' after over $55mn fine In notice to PSX, bank says penalties 'focused on historical compliance program weaknesses and delays in making compliance-related enhancements' Published 25 Feb, 2022 03:57pm
Pakistan US authorities fine Pakistan's NBP $55mn for 'money-laundering', 'compliance failures' In separate sanctions, US Federal Reserve Board announces $20.4mn penalty, while New York State Department of Financial Services says NBP has agreed to pay $35mn Updated 25 Feb, 2022 09:31am
Opinion With Fed set to hike US rates, ‘ultra-cheap money’ era nears end Consumers, companies and financial markets are bound to see borrowing costs rise as the Federal Reserve gets ready ... Published 29 Jan, 2022 06:05am