Gold prices tread water as markets weigh Fed policy path Gold prices edged lower on Tuesday as the dollar stood firm near recent highs, although trading was fairly muted... Published 05 Sep, 2023 10:11am
Markets Indian shares open higher on hopes of US rate pause BENGALURU: Indian shares opened higher on Monday, after US jobs data raised hopes of a US Federal Reserve rate pause... Published 04 Sep, 2023 09:40am
Markets Oil edges up on prospect of extended OPEC+ supply cuts NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation... Updated 04 Sep, 2023 09:09pm
Markets Gold pares jobs-data driven gains NEW YORK: Gold trimmed initial gains on Friday, but was still headed for a weekly rise after an increase in the US... Published 04 Sep, 2023 06:21am
Markets Wall St gains as weak job openings data fuels hopes of rate-hike pause NEW YORK: Wall Street’s main indexes rose on Tuesday, lifted by growth stocks such as Tesla and Alphabet after a... Published 30 Aug, 2023 03:33am
Markets Shanghai copper climbs on China’s latest move to support stock market BEIJING: Shanghai copper prices climbed on Monday, buoyed by China’s latest move to support its ailing stock market,... Published 28 Aug, 2023 11:00am
Markets Copper rally loses steam after Powell says higher rates may be needed LONDON: Copper prices in London reversed earlier gains on Friday after US Federal Reserve Chair Jerome Powell said... Published 28 Aug, 2023 06:27am
Business & Finance US growth, a puzzle to policymakers, could pose global risks JACKSON HOLE: US economic growth, still racing at a potentially inflationary pace as other key parts of the world... Published 27 Aug, 2023 10:16am
World US Fed ‘prepared to raise rates further’ on too-high inflation WASHINGTON: The US Federal Reserve is prepared to raise interest rates higher – and hold them there – to... Updated 25 Aug, 2023 08:30pm
Markets Indian rupee likely to decline on yuan-led weakness in Asia fx MUMBAI: The Indian rupee is expected to drop at the opening on Monday, tracking losses in Asian peers and on... Published 21 Aug, 2023 10:36am
Markets Gold rebounds from 5-month lows as US dollar, yields retreat Gold edged up from 5-month lows on Friday as the US dollar and bond yields slightly retreated from highs, but... Published 18 Aug, 2023 10:12am
Markets Major Gulf markets subdued on worries over China, US rates Major stock markets in the Gulf fell in early trade on Thursday tracking oil prices and Asian shares lower as fears... Published 17 Aug, 2023 02:17pm
Markets Asian stocks hit 9-month lows on worries over China economy, US rates SINGAPORE: Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over... Published 17 Aug, 2023 09:48am
Markets Major Gulf markets mixed ahead of US inflation data Major stock markets in the Gulf were mixed in early trade on Thursday ahead of a US inflation report that will... Published 10 Aug, 2023 01:45pm
Markets Dollar in holding pattern as US inflation test looms; PBOC supports yuan TOKYO: The dollar held near the centre of its range this week against a basket of major peers, as investors awaited... Published 10 Aug, 2023 09:37am
Markets Wall Street falls ahead of CPI inflation data NEW YORK: Wall Street’s main indexes fell on Wednesday ahead of a key inflation report this week, with investors... Published 10 Aug, 2023 06:35am
Markets India rate panel to dial up hawkishness even as it holds policy steady MUMBAI: India’s monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but... Published 08 Aug, 2023 10:24am
Markets Oil dips as end of US driving season weighs on demand HOUSTON: Oil prices fell more than $1 a barrel on Monday following a protracted rally and as markets worried about... Published 08 Aug, 2023 06:37am
Markets Surplus metal and weak demand prospects weigh on copper LONDON: Copper prices sank on Monday as the market fretted over surpluses of the industrial metal, rising stocks,... Published 08 Aug, 2023 06:37am
Business & Finance Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by... Published 08 Aug, 2023 06:37am
Markets Hong Kong stocks begin week on muted note HONG KONG: Hong Kong stocks closed barely moved Monday as traders weigh the Federal Reserve’s next move on interest... Updated 07 Aug, 2023 01:22pm
Business & Finance Small businesses boost US private payrolls in July WASHINGTON: US private payrolls rose more than expected in July as small businesses boosted hiring, pointing to... Published 07 Aug, 2023 07:26am
Markets Asian stocks draw foreign money on hopes of US rate hikes nearing end Overseas investors bought Asian equities for the fourth consecutive month in July, spurred by signs that the Federal... Published 03 Aug, 2023 10:19am
Opinion Fed doublespeak Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest... Updated 03 Aug, 2023 06:34am
Business & Finance Dollar gains after relatively strong data NEW YORK/LONDON: The dollar advanced against major currencies on Tuesday after relatively solid data on US... Published 02 Aug, 2023 06:47am
Business & Finance Fed official leaves door open to rate hike pause in September WASHINGTON: A Federal Reserve official left open the possibility on Monday of pausing or stopping interest rate... Published 31 Jul, 2023 08:28pm
Markets Swiss National Bank posts $15 billion loss during second quarter ZURICH: The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said... Published 31 Jul, 2023 11:35am
Markets Yen eyes first monthly gain since March; dollar headed for monthly loss SINGAPORE: The yen edged steadily higher on Monday following a volatile session at the end of last week after the... Published 31 Jul, 2023 09:33am
Print Fed officials spar over banking reform in rare open meeting WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to... Updated 29 Jul, 2023 09:33am
Markets Bank of England set to raise rates to 5.25% as high inflation persists LONDON: The Bank of England looks likely to raise rates by a quarter-point to 5.25% on Aug. 3, though economists and... Published 28 Jul, 2023 11:01am