European stocks’ relief rally fades, growth concerns rise PARIS: European stocks fell for the second straight session on Thursday, with most major sectors handing back ... Published 06 May, 2022 05:03am
Markets Indian shares muted as realty offsets IT, metal gains BENGALURU: Indian shares closed on a flat note on Thursday, giving up gains from earlier in the session, as the rise... Published 06 May, 2022 05:03am
Business & Finance Dollar bounces, sterling tumbles on dovish BoE NEW YORK: The dollar rebounded on Thursday but held below 20-year highs reached last week, a day after the Federal... Published 06 May, 2022 05:03am
Business & Finance South Africa’s rand slumps after Fed hike, stocks drop JOHANNESBURG: South Africa’s rand slumped by close to 4% on Thursday, one of is biggest single day losses in over... Published 06 May, 2022 05:03am
World Fed lifts rates by half point, biggest jump in 22 years In a news conference after the release of the policy statement, Powell explicitly rules out raising rates by three-quarters of a percentage point in a coming meeting Updated 05 May, 2022 01:42pm
Markets German yields at multi-year highs, spreads widen ahead of Fed German 10-year government bond yields remained around multi-year highs on Wednesday while spreads widened ahead of a... Published 04 May, 2022 09:52pm
Markets Nasdaq, S&P 500 slide ahead of Fed decision The S&P 500 and the Nasdaq slipped on Wednesday as growth stocks lost ground, while banks gained ahead of a... Published 04 May, 2022 09:16pm
Business & Finance Fed expected to ramp up its inflation fight with big rate hike WASHINGTON: The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and... Published 04 May, 2022 08:44pm
Markets US two-year yields soar to highest since November 2018 ahead of Fed decision NEW YORK: U.S. Treasury two-year yields rose on Wednesday to their highest in more than three years, ahead of a... Published 04 May, 2022 08:34pm
Markets Dollar slips before expected Fed rate hike NEW YORK: The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Federal Reserve... Published 04 May, 2022 07:51pm
Markets Canadian dollar edges up as exports notch record high TORONTO: The Canadian dollar rose against its U.S. counterpart on Wednesday as oil prices rose and domestic data... Published 04 May, 2022 07:38pm
Markets Tokyo stocks end down after choppy trade TOKYO: Tokyo stocks ended a choppy trading session lower on Monday ahead of three consecutive public holidays, as... Published 03 May, 2022 03:47am
Markets Toronto index falls as commodity-linked stocks weigh TORONTO: Canada’s main stock index fell on Monday, as a slide in commodity prices weighed on energy and mining... Published 03 May, 2022 03:47am
Markets Wall Street Week Ahead: Rocky stock market faces Fed test with eyes on tightening plans NEW YORK: A volatile stock market faces a critical test next week, when the US Federal Reserve is expected to raise... Published 02 May, 2022 05:46am
Markets Fed gears up to attack inflation as US recession fears grow WASHINGTON: The Federal Reserve this week is set to redouble its assault against record US inflation while facing an... Updated 01 May, 2022 02:01pm
Business & Finance US consumer spending accelerates; wage inflation rising WASHINGTON: US consumer spending rose more than expected in March amid strong demand for services, while monthly... Published 30 Apr, 2022 07:09am
Markets US MIDDAY: Gold gains over 1pc NEW YORK: Gold prices rallied 1% on Friday on the back of a retreat in the dollar, but the metal was set to end the... Published 30 Apr, 2022 05:53am
Markets Gold jumps on dollar pullback LONDON: Gold prices jumped more than a 1% on Friday, boosted by a pullback in the dollar, although bullion was ... Published 30 Apr, 2022 05:53am
Markets Sterling set for biggest monthly drop LONDON: Sterling rose against the dollar on Friday but was still set for its sharpest monthly drop since October... Published 30 Apr, 2022 05:53am
Business & Finance Dollar on track for best month since 2015 NEW YORK: The dollar slipped from 20-year highs against a basket of currencies on Friday but remained on track for... Published 30 Apr, 2022 05:53am
World Big Fed rate hikes ahead, amid early signs hot inflation is peaking US Federal Reserve policymakers look set to deliver a series of aggressive interest rate hikes at least until the... Published 29 Apr, 2022 08:57pm
Markets US MIDDAY: Gold falls NEW YORK: Gold prices slipped to a more than two-month trough on Wednesday as the dollar rallied on expectations of... Published 28 Apr, 2022 05:37am
Markets Indian shares track global peers higher BENGALURU: Indian shares snapped two sessions of losses and settled higher on Tuesday as global stocks gained, with... Published 27 Apr, 2022 05:19am
Business & Finance Euro inches up after Macron’s victory HONG KONG: The euro gained a fraction in early trade on Monday following French President Emmanuel Macron’s... Published 26 Apr, 2022 05:20am
Markets Wall Street Week Ahead: Stakes are high as megacap companies highlight big earnings week NEW YORK: Investors are hoping a flood of US quarterly reports next week, including those from megacap growth ... Published 25 Apr, 2022 07:23am
Markets Most Gulf bourses in red as investors eye rate hikes DUBAI: Most stock markets in the Gulf ended lower on Sunday, tracking Friday’s fall in global shares as investors... Published 25 Apr, 2022 07:23am
Markets Global stocks plunge on jitters over higher interest rates NEW YORK: Global stock markets dropped sharply Friday as the latest hawkish commentary from the Federal Reserve sent... Published 25 Apr, 2022 07:23am
Opinion Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest... Published 23 Apr, 2022 04:45am
Markets Wall Street, oil slide, dollar jumps as investors eye rate hikes WASHINGTON: U.S. stocks and oil tumbled on Friday while bond yields continued to gain as investors prepared for a... Published 23 Apr, 2022 01:14am
Business & Finance Fed seen going big and then bigger on rate hikes ahead The Federal Reserve is poised to follow a half-of-a-percentage point interest rate hike in May with two even bigger... Published 23 Apr, 2022 01:08am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn