Asian FX slips on higher US Treasury yields; Fed verdict eyed Most Asian currencies weakened on Thursday, with the dollar underpinned by higher US Treasury yields as fears... Published 08 Jun, 2023 10:29am
Markets Dollar steady as traders consider Fed, global rates outlook SINGAPORE: The dollar was on the back foot on Thursday, though it drew some support from higher US Treasury yields... Published 08 Jun, 2023 09:22am
Markets Saudi, Qatar bourses rise in early trade, oil weighs on other markets Stock markets in Saudi Arabia and Qatar rose in early trade on Wednesday ahead of a widely expected interest rate... Published 07 Jun, 2023 01:46pm
Markets Most Asian FX weaken on dollar strength, eyes on Fed moves Most Asian currencies weakened against a strong dollar on Monday, even though indications of an easing US labour... Published 05 Jun, 2023 11:27am
Markets Indian shares rise on Fed pause hopes; Hero surges on strong sales BENGALURU: Indian shares rose on Friday as strong monthly sales boosted auto stocks, while investor appetite for... Published 02 Jun, 2023 09:49am
Markets Dollar sags as Fed bets ebb, debt bill passes; Aussie soars TOKYO: The US dollar wallowed near a one-week low versus major peers on Friday, on course for its worst week since... Published 02 Jun, 2023 09:35am
Markets Wall St rises on debt ceiling deal cheer NEW YORK: US stock indexes rose by midday trading on Thursday as investors cheered passage of a bill by lawmakers to... Published 02 Jun, 2023 03:56am
Markets Oil jumps 3pc on US debt ceiling progress BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in US interest rate hikes and... Published 02 Jun, 2023 03:56am
Markets Gold prices range-bound as traders measure Fed policy path Gold prices held steady on Thursday, supported by a pullback in the dollar, although prices moved in a tight range... Published 01 Jun, 2023 10:16am
Markets Indian shares open higher on strong domestic GDP data BENGALURU: Indian shares opened higher on Thursday as solid domestic growth data boosted sentiment and as broader... Published 01 Jun, 2023 09:57am
Markets Fed's Harker says he's inclined to 'skip' a rate hike in June Federal Reserve Bank of Philadelphia President Patrick Harker said on Wednesday that for the moment he is inclined ... Published 31 May, 2023 10:54pm
World Fed’s Collins open to pausing rate hikes at June meeting NEW YORK: Boston Federal Reserve President Susan Collins said on Thursday the time may be at hand for the U.S.... Published 25 May, 2023 09:03pm
Markets Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show WASHINGTON: Federal Reserve officials "generally agreed" last month that the need for further interest rate ... Published 24 May, 2023 11:16pm
Markets Australia shares end slightly lower on caution over US debt ceiling deal Australian shares gave up gains to trade marginally lower on Tuesday, with weak commodities overpowering gains in... Updated 23 May, 2023 12:32pm
World ‘Close call’ on US June rate hike or pause, says Fed’s Kashkari Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” on whether he would vote to... Published 22 May, 2023 05:27pm
Markets Gold slides NEW YORK: Gold extended declines on Thursday after more strong economic readings from the US further soured bets ... Published 19 May, 2023 06:17am
Business & Finance US dollar rises to seven-week high buoyed by data NEW YORK: The dollar rose to fresh seven-week peaks on Thursday as another round of solid economic data further ... Published 19 May, 2023 06:17am
Markets Oil prices broadly stable as all eyes on US debt talks LONDON: Oil prices were broadly stable on Thursday as traders warily watched for signs of progress on talks to raise... Updated 18 May, 2023 06:31pm
Business & Finance Another Fed official indicates support for US rate hike WASHINGTON: The US Federal Reserve may have to continue raising interest rates to bring down inflation, the... Published 15 May, 2023 08:11pm
Business & Finance Dollar holds gains, heads for biggest weekly rise since February NEW YORK: The US dollar clung to modest gains against the euro on Friday and was headed for its biggest weekly gain... Published 15 May, 2023 06:41am
World Biden nominates Philip Jefferson to number 2 spot at the Fed WASHINGTON: US President Joe Biden nominated Philip Jefferson to the number two job at the Federal Reserve Friday, a... Published 13 May, 2023 05:59am
Markets Oil prices head for fourth weekly drop as demand fears weigh LONDON: Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns in the... Updated 12 May, 2023 02:52pm
Markets Gold flat; set for weekly jump on hopes of Fed pause, banking woes Gold prices were flat on Friday but were set for their biggest weekly gain in nearly two months, as hopes of a pause... Published 05 May, 2023 10:11am
Markets Yen set to snap 3-week losing streak on bank jitters, dollar slips SINGAPORE: The yen was eyeing its first weekly gain in nearly a month on Friday, driven by safe haven demand as bank... Published 05 May, 2023 09:26am
Markets Australia, NZ dollars struggle on new US banking fears, lower commodity prices SYDNEY: The Australian and New Zealand dollars slid on Thursday, undermined by lower commodity prices and renewed US... Published 04 May, 2023 10:21am
Markets Dollar falls after Fed signals pause; banking woes dent confidence SINGAPORE: The dollar slipped against most major currencies on Thursday after the US Federal Reserve opened the door... Published 04 May, 2023 10:17am
Markets Fed delivers small rate hike, flags possible pause in tightening cycle Unanimous decision lifts U.S. central bank's benchmark overnight interest rate to the 5.00%-5.25% range Published 03 May, 2023 11:16pm
Markets UBS wary of buying Credit Suisse in February, wanted more analysis ZURICH: UBS in February had concluded that buying its stricken competitor Credit Suisse was not desirable, but that... Published 03 May, 2023 01:07pm
Markets Fed likely to hike rates, hint at pause in tightening cycle WASHINGTON: The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its... Published 03 May, 2023 11:46am
Markets Gold hovers above $2,000 ahead of US Fed rate verdict Gold prices held steady above the key $2,000 level on Wednesday, while investors turned their attention to the US... Published 03 May, 2023 10:34am