Canada stock: TSX set to begin week on tepid note TORONTO: Futures for Canada’s main stock index was muted on Monday as investors exercised caution ahead of rate... Published 02 May, 2023 05:59am
Print Fed expected to hike again despite signs of slowing economy WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth — and possibly... Updated 01 May, 2023 08:57am
Business & Finance Fed calls for tougher bank rules after SVB collapse WASHINGTON: The US Federal Reserve called for greater banking oversight while admitting to its own failures in a... Published 29 Apr, 2023 06:04am
World US Fed admits to failings in Silicon Valley Bank oversight WASHINGTON: The US Federal Reserve called for greater banking oversight while admitting to its own failures in a... Published 28 Apr, 2023 08:47pm
World US Fed’s favorite inflation gauge slows in March WASHINGTON: The US Federal Reserve’s favored measure of inflation slowed substantially last month, providing relief... Published 28 Apr, 2023 07:00pm
Markets Dollar headed for monthly loss; yen steady ahead of BOJ decision SINGAPORE: The US dollar was on track for a second straight monthly loss on Friday on mounting expectations the... Published 28 Apr, 2023 10:13am
Markets Indian rupee to open higher on upbeat risk, upside seen largely capped MUMBAI: The Indian rupee is expected to open higher to the US dollar on Friday, boosted by the positive risk... Published 28 Apr, 2023 09:37am
Markets Gold climbs on subdued dollar, US data in spotlight Gold prices rose on Thursday as a softer dollar rekindled some of bullion’s appeal for overseas buyers, while... Published 27 Apr, 2023 12:11pm
Markets Oil slides as recession fears outweigh large US inventory draw NEW YORK: Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report... Updated 26 Apr, 2023 08:32pm
Print Central banks signal end of bank turmoil FRANKFURT/LONDON/TOKYO: The world’s top central banks are cutting the frequency of their dollar liquidity operations... Updated 26 Apr, 2023 08:50am
Markets Central banks cut dollar operations with Fed as market stress eases FRANKFURT/LONDON/TOKYO: The world’s top central banks will reduce the frequency of their dollar operations with the... Published 25 Apr, 2023 02:10pm
Markets LME copper edges higher as softer dollar lends support Benchmark London copper edged up in early Asian trade on Tuesday, supported by a softer dollar but concerns about... Published 25 Apr, 2023 10:50am
Markets UAE bourses end higher on hope of Fed rate hike pause DUBAI: Stock markets in the United Arab Emirates (UAE) ended higher on Monday on the expectation that the US Federal... Published 25 Apr, 2023 06:25am
Business & Finance Top Fed official sees rates rising and staying high WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle... Published 22 Apr, 2023 03:38am
Business & Finance Fed may reverse rules that masked losses on SVB’s securities NEW YORK: US Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal... Published 22 Apr, 2023 03:38am
Business & Finance Recession-wary investors pour $9.1bn into hedge funds in first quarter BOSTON: Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on ... Published 22 Apr, 2023 03:38am
Markets Dollar snaps five-week losing streak as bets on US rate hike in May firm SINGAPORE: The dollar was eyeing its first weekly gain in more than a month on Friday as bets for another rate hike... Published 21 Apr, 2023 10:23am
Markets London’s FTSE 100 slips as commodity stocks drag The UK’s FTSE 100 index slipped on Thursday, tracking weakness in oil and mining stocks as commodity prices fell... Published 20 Apr, 2023 01:45pm
Markets Indian rupee likely to hold firm after weakening below key near-term level MUMBAI: The Indian rupee is expected to consolidate at open against the US dollar on Thursday, after falling below... Published 20 Apr, 2023 11:23am
Markets Gold prices ease with central bank rate moves in focus Gold prices inched down on Thursday, after hitting a more than two-week low in the previous session, as investors... Published 20 Apr, 2023 10:58am
Markets Asian FX, stocks dip as investor caution prevails Asian shares and currencies slipped on Thursday as a cautious mood set in among investors in a subdued market... Published 20 Apr, 2023 10:16am
Markets Most Gulf markets in red ahead of Eid break DUBAI: Most stock markets in the Gulf ended lower on Wednesday in thin trade ahead of Eid al-Fitr holidays and... Published 20 Apr, 2023 06:30am
World US lending slowed last month on banking concerns: Fed WASHINGTON: Lending declined in many parts of the United States over recent weeks, the Federal Reserve announced... Published 20 Apr, 2023 12:19am
Markets India bond yields rise tracking US peers MUMBAI: Indian government bond yields rose in the early trading session on Monday, tracking similar move in US... Published 17 Apr, 2023 11:18am
Markets Central banks have yet to script final act of inflation fight as risks rise WASHINGTON: Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation,... Published 17 Apr, 2023 11:12am
Markets Wall Street Week Ahead: Consumer stocks’ earnings may offer clues about US economy’s resilience NEW YORK: Investors are awaiting earnings reports from consumer discretionary companies in coming weeks for a read ... Published 17 Apr, 2023 06:41am
Markets Bank shares lift European stocks to over one-year high PARIS: European shares hit their highest in over a year on Friday and ended their fourth straight week in the green,... Published 17 Apr, 2023 06:41am
Markets Gold beats sharp retreat as dollar bounces NEW YORK: Gold prices pulled back sharply on Friday after surging to a more than one-year peak in the last session,... Published 17 Apr, 2023 06:41am
Markets UAE markets gain as Fed rate hike pause seen DUBAI: Stock markets in the United Arab Emirates ended higher on Friday on speculation the Federal Reserve is ... Published 15 Apr, 2023 06:19am
Markets Tokyo stocks recover from losses to end higher TOKYO: Tokyo stocks ended higher on Thursday, rebounding from earlier losses triggered by US Federal Reserve minutes... Published 15 Apr, 2023 06:19am