Most Gulf shares decline after Fed rate hike; Saudi gains Most Gulf markets fell in early trade on Thursday, after the US Federal Reserve lifted interest rates to curb... Published 16 Jun, 2022 01:26pm
Markets Indian shares rise after Fed hikes rates as expected BENGALURU: Indian shares jumped about 1% on Thursday after a four-session slide, with financials leading the... Published 16 Jun, 2022 10:19am
Markets Oil prices fall over 1pc as Fed hikes interest rates HOUSTON: Oil prices fell more than 1% on Wednesday as the Federal Reserve raised its target interest rate by... Published 16 Jun, 2022 08:10am
Markets Gold gains as dollar pulls back ahead of Fed verdict LONDON: Gold prices rose more than 1% on Wednesday helped by a tepid US dollar, as investors braced for a ... Published 16 Jun, 2022 08:10am
Markets US MIDDAY: Gold rises NEW YORK: Gold prices rose on Wednesday, following a slight retreat in the dollar, as investors waited to see ... Published 16 Jun, 2022 08:10am
Markets Japan’s Nikkei hits one-month low on caution ahead of Fed rate decision TOKYO: Japan’s Nikkei index ended at a more than one-month low on Wednesday, extending losses for a fourth ... Published 16 Jun, 2022 06:03am
Markets Indian shares end lower as energy, metals slip BENGALURU: India’s main indexes ended lower on Wednesday, dragged down by energy and metals sectors, with ... Published 16 Jun, 2022 06:03am
Markets UK shares climb on boost from financial stocks, strong results LONDON: London’s main indexes rose on Wednesday as financial stocks gained and strong results from companies... Published 16 Jun, 2022 06:03am
Print Fed unveils biggest rate hike since 1994 WASHINGTON: The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday... Updated 16 Jun, 2022 10:01am
Markets Rupee tumbles to all-time low as US dollar strengthens globally Local currency closes at 206.46 against dollar Global markets are pricing in an outsized 75-basis-point interest rate hike by US Federal Reserve In Pakistan, a stalled IMF programme is also causing distress Updated 15 Jun, 2022 07:04pm
Business & Finance Fed begins meeting with massive hike possible amid price surge WASHINGTON: US central bankers opened their two-day policy meeting Tuesday amid a blistering inflation surge that ... Published 15 Jun, 2022 07:26am
Markets Abu Dhabi snaps 9-day losing streak; Saudi extends losses DUBAI: Abu Dhabi’s stock market rebounded on Tuesday, ending a nine-day losing streak, while the Saudi index... Published 15 Jun, 2022 05:47am
Markets European stocks post six straight days of losses LONDON: European equities reversed early gains on Tuesday to extend their selloff for a sixth straight session on... Published 15 Jun, 2022 05:47am
Business & Finance Dollar edges higher as traders await Fed rate move NEW YORK: The dollar edged higher against a basket of currencies on Tuesday, to scale a fresh two-decade high, as... Published 15 Jun, 2022 05:47am
Markets Indian shares fall over 2.5pc BENGALURU: Indian shares sank more than 2.5% on Monday and the rupee hit an all-time low as growing fears of... Published 14 Jun, 2022 05:56am
World US consumer short-term inflation outlook worsens: NY Fed survey US consumers’ inflation expectations one year from now worsened in May but there they were still generally bullish... Published 13 Jun, 2022 08:41pm
Business & Finance Dollar up as hot US inflation data backs case for Fed rate hikes NEW YORK: The dollar rose to a near four-week high against a basket of currencies on Friday, after data showed US... Published 11 Jun, 2022 06:08am
Markets Gold slips 1% as solid jobs data spurs rate hike bets Gold prices fell on Friday, pressured by a stronger dollar and as better-than-expected U.S. jobs data raised ... Published 04 Jun, 2022 12:28am
Markets Wall St slides as solid jobs data supports rate hike bets U.S. stock indexes fell on Friday, dragged down by shares of Apple and Tesla, while a solid jobs report supported... Published 03 Jun, 2022 08:15pm
Markets Microsoft warns of forex hit, cuts forecast Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company... Published 02 Jun, 2022 09:10pm
Markets Rising US yields help dollar higher HONG KONG: The dollar hit a three-week high against the yen in early trade on Wednesday and was holding firm against... Published 02 Jun, 2022 10:26am
Opinion Sizzling US energy stock rally confronts global growth worries A scorching rally in US energy shares has left investors facing a tough decision: hold on despite growing worries... Published 02 Jun, 2022 06:19am
Markets Wall St slides 1pc as strong factory data fans fears of aggressive rate hikes NEW YORK: US stocks fell in volatile trade on Wednesday after strong factory activity and job openings data stoked... Published 02 Jun, 2022 06:19am
Markets Yellen says she was ‘wrong’ about inflation path; Biden backs Fed WASHINGTON: U.S. Treasury Secretary Janet Yellen said on Tuesday that she was wrong in the past about the path... Published 01 Jun, 2022 11:32am
World Biden and Fed Chair Powell to discuss inflation crisis on Tuesday U.S. President Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation continues to... Published 31 May, 2022 05:13pm
Markets Toronto index rises as energy shares boost TORONTO: Canada’s main stock index rose on Monday, as gains in oil prices drove energy shares higher, with trading... Published 31 May, 2022 05:11am
Business & Finance China’s yuan firms SHANGHAI: China’s yuan firmed against a weakening dollar on Friday, after swinging sharply between gains and... Published 30 May, 2022 05:53am
Markets Australian shares set for second weekly gain; banks, miners shine Australian shares rose on Friday and were poised for a second weekly climb amid broad-based gains across sectors... Published 27 May, 2022 10:40am
Markets Retailers lift European stocks but growth worries persist BENGALURU: European markets rose on Thursday with the retail sector leading the charge as Britain revealed new... Published 27 May, 2022 05:50am
Markets US yields edge up on slower growth outlook NEW YORK: U.S. Treasury yields edged up on Thursday after the benchmark 10-year note hit a fresh six-week low, with... Published 27 May, 2022 12:41am