Dollar firmer NEW YORK: The dollar strengthened on Thursday after unemployment claims pointed to a strong US jobs market that ... Published 03 Mar, 2023 07:30am
Markets Gold eases as US jobs data lift dollar NEW YORK: Gold prices edged lower on Thursday as the US weekly jobs data hinted at a tight labour market that could... Published 03 Mar, 2023 06:12am
Markets Surging US yields, weak risk to dampen Indian rupee’s recovery MUMBAI: The Indian rupee is poised to open little changed to the dollar on Thursday in the wake of a further rise in... Published 02 Mar, 2023 10:39am
Markets Tokyo shares close higher on positive China data TOKYO: Tokyo shares recovered from earlier losses Wednesday and ended higher, with the market supported by China’s... Published 02 Mar, 2023 06:23am
Markets S&P 500, Nasdaq slip as rising yields spook investors NEW YORK: The S&P 500 and Nasdaq indexes fell on Wednesday as Treasury yields surged after manufacturing data... Published 02 Mar, 2023 06:23am
Markets Dollar rebounds from four-month losing streak on higher US rate expectations SINGAPORE: The US dollar resumed its rally on Tuesday following a brief pause at the start of the week, putting it... Published 28 Feb, 2023 11:57am
Business & Finance Walmart gets cautious on economic outlook NEW YORK: Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether... Published 27 Feb, 2023 07:40am
Business & Finance Fed’s preferred inflation gauge up WASHINGTON: A key indicator of US inflation rose in January, according to government data released Friday, while... Published 25 Feb, 2023 06:42am
Markets Wall St falls as rate worries outweigh Nvidia cheer NEW YORK: US stock indexes slipped on Thursday as investors worried that a resilient economy would give the Federal... Published 24 Feb, 2023 06:00am
Markets Upbeat corporate guidance lifts European shares PARIS: European shares inched higher on Thursday, after two straight sessions of declines, supported by financial... Published 24 Feb, 2023 06:00am
Business & Finance Dollar steady as data point to higher-for-longer US interest rates NEW YORK: The dollar was steady against its major peers on Thursday, as new data showed a still-tight US labor... Published 24 Feb, 2023 06:00am
Opinion Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Markets Oil drops over 2pc on demand worries ahead of Fed comments BENGALURU: Oil prices fell by $2 per barrel on Wednesday as investors grew more worried that recent economic data... Published 23 Feb, 2023 05:52am
Business & Finance Dollar gains NEW YORK: The dollar gained modestly on Wednesday against its peers as recent strong economic data eased recession... Published 23 Feb, 2023 05:52am
Business & Finance 'Almost all' Fed officials backed quarter-percentage-point hike at last meeting, minutes show WASHINGTON: A solid majority of Federal Reserve officials agreed at their last policy meeting to slow the pace of... Published 23 Feb, 2023 12:40am
World US judge rules 9/11 victims cannot seize Afghan central bank funds NEW YORK: The families of victims of the September 11, 2001, terror attacks cannot seize $3.5 billion in funds... Published 22 Feb, 2023 11:44am
Markets Indian shares inch up as metals rise; Fed minutes awaited BENGALURU: Indian shares opened to marginal gains on Tuesday, led by metal stocks, while investors waited for the US... Published 21 Feb, 2023 10:35am
Markets Indian shares fall on US rate hike worries BENGALURU: Indian shares fell on Monday after US export prices data last week stoked fresh fears that the Federal... Published 21 Feb, 2023 05:58am
Markets Indian shares off to a muted start on US rate hike worries, pharma stocks slide BENGALURU: Indian shares struggled for direction on Monday on worries that the US Fed would keep interest rates... Updated 20 Feb, 2023 12:14pm
Markets Goldman Sachs now expects three more Fed rate hikes in 2023 Goldman Sachs said it now expects the US Federal Reserve to raise interest rates three more times this year, by a... Published 17 Feb, 2023 02:22pm
Markets Wall St slips as economic data fuel rate hike worries NEW YORK: US main stock indexes slipped on Thursday after unexpectedly strong inflation data and a fall in weekly... Published 17 Feb, 2023 06:53am
Business & Finance Dollar rallies as strong US data reinforce higher rates stance NEW YORK: The US dollar climbed to a six-week peak against basket of currencies on Thursday, after data showed... Published 17 Feb, 2023 06:00am
World US weekly jobless claims fall; monthly producer prices rebound WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,... Published 16 Feb, 2023 07:04pm
World Fed’s Mester says more rate hikes needed to combat inflation Federal Reserve Bank of Cleveland President Loretta Mester said Thursday inflation remains too high and noted that... Published 16 Feb, 2023 07:00pm
Markets S&P 500, Dow slip after retail sales data; megacaps lift Nasdaq NEW YORK: The S&P 500 and the Dow fell on Wednesday after stronger-than-expected retail sales data offered more... Published 16 Feb, 2023 07:03am
Markets Copper decline as demand uncertainty, Fed rate hike concerns weigh BEIJING: Copper prices fell on Wednesday as demand uncertainty and a firmer dollar under a higher-for-longer ... Published 16 Feb, 2023 06:08am
Markets Wall St slides as inflation data, policymakers stoke rate worries NEW YORK: Wall Street’s main indexes slid on Tuesday after data showed consumer prices accelerated in January,... Published 15 Feb, 2023 06:27am
Markets Copper pares gains as dollar firms after Fed comments LONDON: Copper prices lost most of their gains on Tuesday as the dollar strengthened after Federal Reserve officials... Published 15 Feb, 2023 06:27am
Markets Gold dips as Fed sticks to stance on inflation NEW YORK: Gold prices eased after US Federal Reserve officials reiterated the central bank’s firm stance in its... Published 15 Feb, 2023 06:27am
Business & Finance Fed must be ready to hike rates for longer than now expected, Logan says The U.S. central bank will need to keep gradually raising interest rates to beat inflation, Dallas Federal Reserve... Updated 14 Feb, 2023 11:18pm