Oil slips as rate hike worries balance tighter supplies NEW YORK: Oil prices slipped on Monday, after rising for three straight weeks, as concern about further interest ... Published 11 Apr, 2023 03:44am
Business & Finance Dollar gains on Fed rate hike bets NEW YORK: The dollar gained after a solid jobs report for March on Friday added to expectations that the Federal... Published 11 Apr, 2023 03:44am
Markets Asian FX subdued on lack of cues, eyes on US non-farm payrolls data Trading in Asian currencies was subdued on Friday, with the Thai baht leading laggards, as investors remained on the... Published 07 Apr, 2023 10:12am
Markets S&P 500, Nasdaq fall as inflation worries resurface NEW YORK: The S&P 500 and the Nasdaq fell on Monday as rising oil prices rekindled concerns that the US Federal... Published 04 Apr, 2023 03:24am
Business & Finance Wells Fargo fined $100m for sanctions violations WASHINGTON: The US Federal Reserve Board and the Treasury announced fines Thursday for Wells Fargo bank totaling... Published 01 Apr, 2023 07:16am
Markets Europe equities slip before trio of rate decisions LONDON: Europe’s stock markets opened lower Thursday before interest rate calls in Britain, Norway and Switzerland,... Published 23 Mar, 2023 02:32pm
Markets China’s yuan firms to over one-month high, buoyed by dovish US Fed comment HONG KONG: China’s yuan firmed on Thursday as investors were relieved by more dovish comments from the US central... Published 23 Mar, 2023 11:09am
Markets Wall St listless as investors await Fed rate decision NEW YORK: Wall Street’s main indexes struggled for direction on Wednesday as investors refrained from making large... Published 23 Mar, 2023 05:47am
Markets Indian shares end higher ahead of key Fed decision BENGALURU: Indian shares advanced for a second straight session on Wednesday as concerns over a banking crisis... Published 23 Mar, 2023 05:47am
Markets European stocks crawl higher in run-up to Fed decision PARIS: European stocks edged higher on Wednesday, extending gains for a third day, as investors awaited a crucial... Published 23 Mar, 2023 05:47am
Markets Most Gulf bourses end higher ahead of Fed decision DUBAI: Most Gulf stock markets ended higher on Wednesday as fears of a banking crisis receded and hopes of a more... Published 23 Mar, 2023 05:47am
Markets Gold firms while traders brace for US Fed move NEW YORK: Gold gained on Wednesday as Treasury yields and the dollar slipped, while traders positioned for the US... Published 23 Mar, 2023 05:47am
Markets Copper rises as markets brace for Fed rate decision LONDON: Copper prices rose for a fifth day on Wednesday as dwindling exchange inventories raised the threat of tight... Published 23 Mar, 2023 05:47am
Business & Finance Dollar falls after Fed raises rates WASHINGTON: The dollar was lower on Wednesday following the US Federal Reserve’s decision to raise interest rates... Published 23 Mar, 2023 05:47am
Business & Finance Fed lifts key interest rate amid banking sector fears WASHINGTON: The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance... Published 23 Mar, 2023 05:47am
Markets Fed delivers small rate hike, says 'some additional' tightening possible Raises interest rates by a quarter of a percentage point Published 22 Mar, 2023 11:13pm
Markets US Fed mulls more rate hikes amid banking uncertainty WASHINGTON: American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision... Published 22 Mar, 2023 01:30pm
Markets Asia tracks Wall St rally as Fed decision replaces bank worries HONG KONG: Asia extended a global equities rally Wednesday as more pledges of government support soothed worries... Published 22 Mar, 2023 11:14am
Markets Australian shares close higher as investors await Fed’s rate decision Australian shares ended higher on Wednesday, mirroring gains in global markets, on hopes that the US Federal... Updated 22 Mar, 2023 12:59pm
Business & Finance Fed begins crucial rate talks amid ongoing bank concerns WASHINGTON: Federal Reserve members kicked off two days of crucial interest rate talks on Tuesday, as the US central... Published 21 Mar, 2023 08:04pm
Markets Indian bond yields rise ahead of state debt sale, Fed decision key MUMBAI: Indian government bond yields were up on Tuesday hours ahead of an auction of bonds by states to raise the... Published 21 Mar, 2023 11:13am
Markets Australian shares jump 1% as banking crisis worries ease Australian shares jumped 1% on Tuesday tracking global equities, with miners and financials leading gains, as active... Published 21 Mar, 2023 10:15am
Markets Bank of England receives no bids in new daily dollar repo operation LONDON: The Bank of England said it received no bids for dollar liquidity at a first daily seven-day repo operation... Published 20 Mar, 2023 03:38pm
Markets US regulator sells failed Signature Bank assets to another lender SAN FRANCISCO: The US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to... Published 20 Mar, 2023 12:04pm
Markets Indian bond yields dip tracking US peers; Fed meet eyed MUMBAI: Indian government bond yields were marginally lower on Monday, mirroring US peers, while the rescue of a... Published 20 Mar, 2023 10:47am
Markets Oil hits lowest since 2021 on banking fears LONDON: Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector... Updated 20 Mar, 2023 05:14pm
Business & Finance Fed to balance banking woes, inflation in this rate decision WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent... Published 20 Mar, 2023 06:12am
Markets US Fed to balance banking woes, inflation in next rate decision WASHINGTON: US central bankers face an unenviable task when they gather in Washington next week: tackling persistent... Updated 19 Mar, 2023 12:19pm
Markets Most Asian currencies clock weekly gains on a weak dollar after banks rescue Southeast Asian currencies logged weekly highs on Friday against a weak dollar after multi-billion dollar lifelines... Published 17 Mar, 2023 12:29pm
Markets Wall Street giants move to rescue First Republic Bank NEW YORK: America’s largest banks moved Thursday to shore up First Republic, easing fears that the regional lender... Published 17 Mar, 2023 11:34am