Japan’s 10-year govt bond futures fall amid uncertainties of US inflation TOKYO: Japan’s 10-year government bond futures fell on Friday amid uncertainties about the pace of US inflation,... Published 15 Aug, 2022 05:41am
Markets European shares tick higher; Aegon shines on forecast raise PARIS: European shares edged higher on Thursday after a strong rally in the previous session on signs of US ... Published 12 Aug, 2022 05:44am
Markets Gold inches lower on rate hike expectations by Federal Reserve NEW YORK: Gold prices edged lower on Thursday, weighed down by prospects of more rate hikes by the US Federal ... Published 12 Aug, 2022 05:44am
Markets Copper rises to 6-week high on US rate hike optimism LONDON: Copper prices hit a six-week high on Thursday as bets the US Federal Reserve will ease the pace of interest... Published 12 Aug, 2022 05:44am
Business & Finance Dollar extends declines as traders pull back rate hike bets NEW YORK: The dollar extended its losses against other major currencies on Thursday, a day after a report showed US... Published 12 Aug, 2022 05:44am
Business & Finance Dollar falls on cooler-than-expected US inflation data NEW YORK: The dollar fell broadly on Wednesday, with its biggest decline against the yen since March 2020, following... Published 11 Aug, 2022 04:35am
World Fed now seen delivering 50bp hike in Sept after inflation eases The Federal Reserve is seen slowing interest rate hikes next month and ultimately raising borrowing costs less... Updated 10 Aug, 2022 09:18pm
Markets Wall St steady after selloff on jobs data, Nvidia weighs NEW YORK: US stock indexes treaded water on Monday after last week’s blockbuster jobs data soothed some fears ... Published 09 Aug, 2022 03:37am
Markets Inflation-fighting BoE poised to unleash big rate hike LONDON: The Bank of England is expected Thursday to follow other major central banks with an aggressive interest... Published 04 Aug, 2022 10:40am
Markets Dollar climbs as Fed officials suggest more rate hikes to come HONG KONG: The dollar was on the front foot on Thursday, helped by several US Federal Reserve officials pushing back... Published 04 Aug, 2022 09:33am
Markets Possible for US, EU to avoid recession: Fed official WASHINGTON: The United States and the European Union can avoid recession and achieve a soft landing by bringing... Published 03 Aug, 2022 09:40am
Opinion US banks face trillion-dollar reverse repo headache The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache... Published 03 Aug, 2022 05:50am
World Fed’s aggressive rate-hike path bolstered by new inflation, wage data Federal Reserve Chair Jerome Powell said this week he’s looking for compelling signs that inflation is cooling... Published 29 Jul, 2022 09:20pm
Markets FTSE 100 subdued LONDON: The UK’s FTSE 100 was subdued on Thursday as mixed earnings and worries about the economic outlook... Published 29 Jul, 2022 06:14am
Markets Oil prices, solid earnings boost major Gulf markets; Abu Dhabi retreats DUBAI: Most major Gulf stock markets ended higher on Thursday buoyed by rising oil prices and solid corporate... Published 29 Jul, 2022 06:14am
Print US teetering on brink of recession as GDP contracts in 2Q WASHINGTON: The US economy unexpectedly contracted in the second quarter, with consumer spending growing at its... Published 29 Jul, 2022 06:14am
World Biden sees ‘no surprise’ in slowdown, says US economy on ‘right path’ WASHINGTON: President Joe Biden worked on Thursday to soothe voters’ angst about the state of the economy, saying it... Published 28 Jul, 2022 09:16pm
World US economy contracts in second quarter, deepening recession fears WASHINGTON: The US economy contracted for a second straight quarter between April and June, government data showed... Updated 28 Jul, 2022 08:21pm
Markets Asian FX, stocks up as less hawkish Fed messaging provides relief Currencies and stocks in Asia’s emerging markets rallied on Thursday as less hawkish than feared messaging from Fed... Published 28 Jul, 2022 11:17am
Markets China, Hong Kong stocks end lower SHANGHAI: Mainland China and Hong Kong stocks ended lower on Wednesday, ahead of the outcome of the US Federal... Published 28 Jul, 2022 04:41am
Markets US MIDDAY: Gold range-bound NEW YORK: Gold prices were hemmed into a tight range on Wednesday with investors focused on the outcome of the US... Published 28 Jul, 2022 04:41am
Markets Japanese rubber futures edge down SINGAPORE: Japanese rubber futures edged lower on Wednesday, as traders remained cautious about a slowdown in the... Published 28 Jul, 2022 04:41am
Markets Copper rises on short-covering and China demand hopes LONDON: Copper prices rose on Wednesday on hopes for improved demand from top consumer China and as some speculative... Published 28 Jul, 2022 04:41am
Print Fed unveils 75-basis-point rate hike Move aimed at cooling down most intense breakout of inflation since the 1980s Updated 28 Jul, 2022 10:56am
Business & Finance Dollar advances with all eyes on Fed NEW YORK: The dollar rose modestly against a basket of major currencies on Wednesday as investors braced for the... Published 28 Jul, 2022 04:41am
Markets US yields edge lower after Fed rate decision NEW YORK: Treasury yields edged lower on Wednesday after the Federal Reserve hiked interest rates by 75 basis points... Published 28 Jul, 2022 12:49am
World Fed opts for 75-basis-point rate hike, flags weakening economic data FOMC says it remains 'highly attentive' to inflation risks Updated 28 Jul, 2022 12:24am
Markets US stocks gain ahead of Fed interest rate decision NEW YORK: Wall Street stocks climbed early Wednesday ahead of a Federal Reserve decision on raising interest rates... Published 27 Jul, 2022 07:10pm
Markets South African rand firms ahead of Fed rate decision South Africa’s rand firmed in early trade on Wednesday, ahead of a closely watched interest rate hike decision by... Published 27 Jul, 2022 12:26pm
Markets Fed poised to attack inflation with another interest rate hike WASHINGTON: The Federal Reserve is set to announce another big interest rate increase on Wednesday, the fourth this... Published 27 Jul, 2022 09:55am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?