Fed opens policy meeting as it seeks to tame inflation WASHINGTON: The US central bank opened its two-day policy meeting on Tuesday, preparing for another salvo in the war... Published 26 Jul, 2022 08:15pm
Markets Germany’s Bund yield at 2-month lows as recession fears nag LONDON: Germany’s benchmark 10-year bond yield fell to a two-month low on Tuesday, with concerns about a sharp... Published 26 Jul, 2022 01:17pm
Markets Most Gulf bourses retreat on economic slowdown fears DUBAI: Major stock markets in the Gulf ended lower on Monday, as signs of an economic slowdown ahead of a US Federal... Published 26 Jul, 2022 04:31am
Business & Finance Dollar down for third straight session with Fed in focus NEW YORK: The dollar weakened against a basket of major currencies on Monday, as investors weighed the implications... Published 26 Jul, 2022 04:31am
Business & Finance Indian rupee at over 1-week high MUMBAI: The Indian rupee rose to its highest in more than a week on Monday afternoon tracking broad losses in the... Published 26 Jul, 2022 04:31am
Business & Finance BoE torn over whether to join big rate hike club LONDON: The Bank of England must decide next week whether to join the ranks of central banks rushing out their... Published 26 Jul, 2022 04:31am
Markets Australia, NZ dollars slip ahead of CPI data and Fed meeting SINGAPORE: The Australian and New Zealand dollars fell on Monday, retreating from one-month highs, as worries about... Published 25 Jul, 2022 10:43am
Print Fed set for another big rate hike with economy on knife’s edge Central bankers make it clear that they are willing to risk recession Updated 25 Jul, 2022 09:33am
Print Pakistan not among most vulnerable countries: SBP SBP team engaged with global institutions to overcome adversities in international economic environment Updated 25 Jul, 2022 09:55am
Markets US MIDDAY: Gold prices dip NEW YORK: Gold prices fell on Wednesday as a firmer dollar countered limited support for bullion from expectations... Published 21 Jul, 2022 05:40am
Markets Demand fears return to haunt copper prices LONDON: Copper prices fell on Tuesday as worries about demand in top consumer China and elsewhere due to a growth... Published 20 Jul, 2022 07:05am
Business & Finance Dollar slips as ECB rate hike hopes lift euro NEW YORK: The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that... Published 20 Jul, 2022 05:48am
Markets Gold recoups some losses on dollar weakness LONDON: Gold recovered some of its recent losses on Monday, helped by a pullback in the dollar and easing fears ... Published 19 Jul, 2022 06:00am
Opinion Credit investors see more risk ahead as recession fears rise Rising recessionary concerns are seeing some investors reduce risk in their credit exposure as they brace for an... Published 16 Jul, 2022 04:20am
Business & Finance Morgan Stanley profit slumps 30pc NEW YORK: Morgan Stanley’s profit slumped 30% on Thursday, falling short of analysts’ estimates for the first... Published 15 Jul, 2022 07:29am
Markets US natgas futures jump on output drop, hotter forecasts NEW YORK: US natural gas futures rose about 6% to a two-week high on Wednesday on a drop in daily gas output over ... Published 15 Jul, 2022 06:20am
Markets US MIDDAY: Gold sheds over 2pc NEW YORK: Gold slumped more than 2% to a near one-year low on Thursday as the dollar extended its sharp rally, while... Published 15 Jul, 2022 06:20am
Markets Oil prices fall ahead of potential large US rate hike NEW YORK: Oil prices moved lower on Thursday, paring some losses after falling more than $4 as investors focused on... Published 15 Jul, 2022 06:20am
Print Fed official signals willingness to hike interest rates full percentage point Believes US economy can avoid downturn due to strong job market Updated 15 Jul, 2022 10:40am
Markets Japanese rubber prices at 2-month low TOKYO: Japanese rubber futures dropped to a two-month low on Thursday, as data showing the highest US inflation in... Published 15 Jul, 2022 06:20am
Business & Finance Euro plunges on Italian politics, energy concerns NEW YORK: The euro plunged below parity to a 20-year low on Thursday as concerns over an energy crisis and political... Published 15 Jul, 2022 06:20am
Business & Finance US producer prices accelerate in June, but underlying inflation slowing WASHINGTON: US producer prices increased more than expected in June amid rising costs for energy products, but... Published 15 Jul, 2022 06:20am
World Gasoline, food drive US consumer prices higher in June WASHINGTON: US consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the... Published 13 Jul, 2022 07:19pm
World Fed seen jacking interest rates further as U.S. inflation soars Traders boosted bets on Wednesday the Federal Reserve could deliver an even bigger interest-rate hike at its policy... Published 13 Jul, 2022 07:06pm
World US job growth likely slowed in June; unemployment rate seen at 3.6% WASHINGTON: US employers likely hired the fewest workers in 14 months in June, but the jobless rate probably... Published 08 Jul, 2022 10:54am
Business & Finance Dollar mostly flat as traders await key US data NEW YORK: The dollar traded little changed against the euro and other trading currencies on Thursday, though ... Published 08 Jul, 2022 08:25am
Business & Finance Fed flags risk US inflation could become entrenched WASHINGTON: US central bankers last month flagged the concern that sky-high inflation could become persistent and... Updated 07 Jul, 2022 11:14am
Print Oil slides 2pc to 12-week low on fears of global recession NEW YORK: Oil prices slid about 2 percent to a 12-week low in volatile trade on Wednesday, extending the prior... Published 07 Jul, 2022 05:35am
World U.S. labor market still tight as job openings remain elevated WASHINGTON: U.S. job openings fell less than expected in May, pointing to a still tight labor market that could keep... Published 06 Jul, 2022 08:31pm
Markets Gold slips as interest rate expectations sap appeal LONDON: Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a... Published 05 Jul, 2022 05:19am