Fed’s Collins sees inflation fight costing jobs; recession not inevitable The Federal Reserve’s need to bring down unacceptably high inflation will cause the jobless rate to rise but a... Published 26 Sep, 2022 07:29pm
Markets PKR fares relatively better KARACHI: The rupee fared relatively better after the US Federal Reserve announced raising the key interest rate... Published 26 Sep, 2022 06:07am
Markets Wall Street slumps as investors fret on rate hikes and recession NEW YORK: Wall Street’s main indexes slumped to close well down on Friday, as rattled investors continued... Published 26 Sep, 2022 06:07am
Opinion After feverish week, global investors lick wounds and brace for more chaos Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the... Published 26 Sep, 2022 06:07am
Markets European shares extend falls, Credit Suisse hits record low European stocks extended falls on Friday, dragged down by Credit Suisse and as an array of data pointing to an... Published 23 Sep, 2022 02:00pm
Opinion A world running towards recession ‘Central banks are intent on driving the world economy perilously close to a recession. Late to see the worst... Published 23 Sep, 2022 05:50am
Business & Finance US weekly jobless claims rise moderately WASHINGTON: The number of Americans filing new claims for unemployment benefits increased moderately last week,... Published 23 Sep, 2022 05:50am
Markets Vietnam PM asks central bank to consider raising policy rates after Fed move HANOI: Vietnam Prime Minister Pham Minh Chinh on Thursday urged the country’s central bank to consider raising its... Published 22 Sep, 2022 12:01pm
Markets Hong Kong central bank raises interest rate after Fed hike, HSBC follows HONG KONG: The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight... Published 22 Sep, 2022 11:17am
Markets China’s blue-chip stocks hit 4-month low SHANGHAI: China’s blue-chip stocks on Wednesday closed at their lowest in more than four months, as global peers... Published 22 Sep, 2022 06:43am
Business & Finance Dollar soars to 2-decade high NEW YORK: The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal... Published 22 Sep, 2022 06:38am
Markets Oil steady ahead of US Fed interest rate decision NEW YORK: Oil prices were steady in volatile trade on Wednesday as the market waited for direction from the US... Published 22 Sep, 2022 06:36am
Business & Finance Fed delivers another big rate hike; Powell vows to 'keep at it' WASHINGTON: Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would "keep... Updated 22 Sep, 2022 04:46am
Markets Wall Street returns to positive stance after brief post-Fed wobble Wall Street's main indexes returned to positive territory in mid-afternoon trading on Wednesday after a brief wobble... Published 22 Sep, 2022 12:00am
Markets Stocks recover before US rate hike LONDON: European stock markets recovered from initial falls Wednesday, as traders awaited another hefty US interest... Updated 21 Sep, 2022 05:17pm
Markets US Fed raises key interest rate as recession fears mount It was the third consecutive increase of 0.75 percentage point Updated 21 Sep, 2022 11:51pm
Markets Indian shares flat ahead of Fed rate hike BENGALURU: Indian shares were treading water on Wednesday as investors braced for a hefty rate hike from the US... Published 21 Sep, 2022 11:25am
Markets Indian Bond yields little changed as traders await Fed decision, commentary MUMBAI: Indian government bond yields were largely unchanged in early trading on Wednesday, as markets await another... Published 21 Sep, 2022 10:56am
Markets Copper prices dip ahead of Fed’s interest rate decision BEIJING: Prices of copper, often used as an economic parameter, drifted lower on Wednesday as investors anticipated... Published 21 Sep, 2022 10:45am
Opinion Overstretched US companies feel pinch of higher borrowing costs When US consumer products company Newell Brands Inc refinanced $1.1 billion worth of bonds earlier this month, it ... Published 21 Sep, 2022 05:57am
Markets Oil prices drop in advance of expected Fed rate hike NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors... Published 21 Sep, 2022 05:57am
Business & Finance US Fed opens policy meeting with steep rate hike on the table WASHINGTON: US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike... Published 20 Sep, 2022 10:40pm
Markets Japan’s stocks steady as investors await Fed, BOJ meetings TOKYO: Japanese stocks marked slight gains on Tuesday as investors zoned in on this week’s US Federal Reserve and... Updated 20 Sep, 2022 12:05pm
Markets Aussie shares bounce back with all eyes on Fed meeting Australian shares on Tuesday recorded their best day in nearly two weeks with broad-based gains following a late... Updated 20 Sep, 2022 12:39pm
Markets Oil prices drop in advance of expected Fed rate hike NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors... Updated 20 Sep, 2022 10:25pm
Business & Finance US dollar advances as markets brace for hefty Fed rate hike LONDON/NEW YORK: The dollar gained against major currencies on Monday, trading within narrow ranges ahead of a slew... Published 20 Sep, 2022 05:51am
Markets European shares slide LONDON: European shares slid 1.6% on Friday as recession warnings from two major global financial institutions and... Published 19 Sep, 2022 05:45am
Business & Finance Dollar edges down but posts gains for week; yuan slips past key level NEW YORK: The dollar index was down slightly on Friday but registered a gain for the week as investors expected the... Published 19 Sep, 2022 05:45am
Markets Steep Fed rate hike seen as certainty after ugly inflation data WASHINGTON: The Federal Reserve is poised to unleash another massive interest rate increase this week after the... Updated 18 Sep, 2022 01:09pm
Opinion ‘It’s a car with broken brakes’: investors see unrelenting yen descent Japan’s threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows... Published 17 Sep, 2022 04:27am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?