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
Markets Saudi bourse outperforms Gulf peers; Egypt extends losses DUBAI: Saudi Arabia’s stock market outperformed its Gulf peers on Wednesday, while the bourses in the region were... Published 26 May, 2022 05:26am
Business & Finance Dollar rises off of 1-month low ahead of Fed minutes NEW YORK: The US dollar snapped a two-day losing streak on Wednesday ahead of the release of the minutes from the US... Published 26 May, 2022 05:26am
Print Fed officials stress ‘determination’ to bring down inflation WASHINGTON: US central bankers stressed their “strong commitment and determination” to bring inflation under... Published 26 May, 2022 05:26am
Business & Finance Dollar slides to 1-month low as Lagarde comments boost euro NEW YORK: The US dollar index hit a nearly one-month low on Tuesday after European Central Bank President Christine... Published 25 May, 2022 04:40am
Business & Finance JPMorgan raises 2022 interest income outlook NEW YORK: JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target as ... Published 24 May, 2022 06:13am
Markets JPMorgan raises 2022 interest income outlook ahead of investor conference JPMorgan Chase & Co presented a more optimistic profit forecast on Monday as it opened an investor conference to... Published 23 May, 2022 04:54pm
Opinion If Fed has to choose, markets could get much uglier If the US Federal Reserve were to take its political cue at face value and focus solely on putting inflation back in... Published 22 May, 2022 06:03am
World U.S. labor market in spotlight as weekly jobless claims hit 4-month high WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly rose last week,... Published 20 May, 2022 10:23am
Print China, US lead rise in global debt to record high $305trn: IIF NEW YORK: The world’s two largest economies borrowed the most in the first quarter as global debt rose to a record... Published 19 May, 2022 05:29am
Business & Finance UK inflation jumps to 40-year peak LONDON: Britain’s annual inflation rate surged to a 40-year high last month on rocketing energy costs, official data... Published 18 May, 2022 12:39pm
Markets Japan’s Nikkei hits highest in nearly 2 weeks after Wall Street’s jump TOKYO: Japan’s Nikkei rose on Wednesday to its highest in nearly two weeks, with technology heavyweights leading the... Published 18 May, 2022 10:12am
Business & Finance Japan 1st-quarter GDP shrank as Omicron wave hit TOKYO: Japan’s economy shrank slightly in the first quarter of 2022, official data showed Wednesday, hit by Covid-19... Published 18 May, 2022 09:47am
Markets Wall Street falls as growth stocks, glum China data weigh NEW YORK: Wall Street’s main indexes fell on Monday as downbeat China data added to worries about a global ... Published 17 May, 2022 05:39am
Markets Bitcoin back below $30,000; European regulators renew crypto warnings HONG KONG: Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, ... Updated 16 May, 2022 04:08pm
Markets Bonfire of bitcoin: Why crypto assets are tumbling LONDON: The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly... Published 16 May, 2022 05:42am
Markets Wall Street Week Ahead: Signs of market bottom elude investors after step selloff NEW YORK: Investors are studying an array of indicators for clues on how much further a brutal slide in U.S. stocks... Published 16 May, 2022 05:42am
Markets European stocks mark positive end to volatile week LONDON: European shares rose on Friday, closing higher for the first time in five weeks, as a bout of bargain ... Published 16 May, 2022 05:42am
Business & Finance Ex-Goldman CEO says recession possibility is ‘very high risk factor’ WASHINGTON: Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly... Published 16 May, 2022 05:42am
Business & Finance Euro falls back towards 2017 lows on Russian energy crisis LONDON: The euro hovered near its weakest point since early 2017 on Friday after Russian sanctions led to ... Published 16 May, 2022 05:42am
Markets Copper under pressure from recession fears LONDON: Copper prices fell on Friday and were on track for their sixth straight week of losses on mounting fears ... Published 14 May, 2022 04:05am
Markets Indian shares hit two month-low BENGALURU: Indian shares on Wednesday fell to their lowest in two months, extending losses for a fourth straight... Published 12 May, 2022 05:40am
Business & Finance ECB signals rate hike as soon as July to combat inflation FRANKFURT: European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to... Published 12 May, 2022 05:40am
Business & Finance Bruised pound nurses losses at two-year low with outlook bearish LONDON: Britain’s battered pound fell to its lowest level since June 2020 against the dollar for a third straight... Published 10 May, 2022 05:10am
World Fed’s Bostic says can do ‘maybe two, maybe three’ half point hikes, then assess WASHINGTON: The U.S. Federal Reserve can stick to half point interest rate hikes for the next two to three meetings... Published 09 May, 2022 06:22pm
Markets Wall St Week Ahead: Battered US stocks may not be bargains as investors brace for inflation data NEW YORK: US stocks’ tumble this year is putting an increased focus on equity valuations, as investors assess... Published 09 May, 2022 05:39am
Business & Finance Brazil real tumbles, Chilean peso supported by rate rise BRASILLIA: The Brazilian real slid more than 1% on Friday, heading for its third weekly decline after prices of iron... Published 09 May, 2022 05:39am
Business & Finance S Africa’s rand firms after mixed US jobs data JOHANNESBURG: South Africa’s rand firmed a tad on Friday as the dollar fell after a mixed bag of signals from US... Published 09 May, 2022 05:39am
Markets US MIDDAY: Gold retreats NEW YORK: Gold prices fell on Thursday, giving up some gains from a more than 1% rise, as a bounce in the dollar... Published 06 May, 2022 05:03am
Markets Wall St slumps as bets of big rate hikes grow despite Fed view NEW YORK: Wall Street’s main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve’s... Published 06 May, 2022 05:03am
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?