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
Markets Asian markets tumble after Federal Reserve chief’s comments NEW YORK: Asian markets fell sharply at the open on Friday, trailing losses on Wall Street after the US Federal... Published 22 Apr, 2022 09:39am
Markets Asian stocks, FX cautious as investors await IMF debate for growth clues BANGKOK: Indonesian and Thailand equities led the way as emerging Asian stocks made tepid gains on Thursday,... Published 22 Apr, 2022 05:36am
Business & Finance US dollar continues to garner support from Fed hike expectations NEW YORK: The dollar edged higher on Monday in thin and choppy trading, in line with higher US Treasury yields as... Published 19 Apr, 2022 05:32am
Business & Finance US yields climb after data, ECB announcement NEW YORK: The benchmark 10-year US Treasury yield jumped on Thursday after a batch of economic data was likely to... Published 18 Apr, 2022 06:51am
Business & Finance Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low TOKYO: The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday,... Published 17 Apr, 2022 05:51am
Business & Finance Biden to nominate former Treasury official Barr for Fed top job WASHINGTON: US President Joe Biden on Friday said he would nominate former Treasury official Michael Barr to be the... Published 16 Apr, 2022 04:10am
Markets Ukraine crisis, inflation risks loom over ECB meeting FRANKFURT: European Central Bank governors meet Thursday to ponder record-high inflation and fresh economic... Published 11 Apr, 2022 12:45pm
Markets Shell drags FTSE 100 lower LONDON: Britain’s FTSE 100 slid on Thursday, weighed down by oil major Shell after it flagged a bigger writedown... Published 08 Apr, 2022 05:28am
Markets Tokyo stocks close lower on Fed rate hike bets TOKYO: Tokyo stocks closed lower Thursday as minutes from the Federal Reserve’s most recent meeting fuelled... Published 08 Apr, 2022 05:28am
Markets Indian shares fell for a third straight session BENGALURU: Indian shares fell for a third straight session on Thursday as hawkish signals from the US Federal ... Published 08 Apr, 2022 05:28am
Business & Finance Dollar slides from near two-year high amid hawkish signals from Fed NEW YORK/LONDON: The dollar slipped from a near two-year high on Thursday, as investors digested hawkish signals ... Published 08 Apr, 2022 05:28am
Markets Gulf markets mixed on hawkish Fed DUBAI: Gulf bourses were mixed on Wednesday as hawkish comments from the US Federal Reserve sent global equities... Published 07 Apr, 2022 05:15am
Markets European shares slump as US rate hike, sanctions anxiety weigh PARIS: European shares fell almost 2% on Wednesday, as investors grappled with the twin worries of aggressive US... Published 07 Apr, 2022 05:15am
Markets Wall Street falls on fears of hawkish Fed, fresh Russia sanctions NEW YORK: Wall Street’s main indexes fell on Tuesday after US Federal Reserve Governor Lael Brainard said she... Published 06 Apr, 2022 05:53am
Business & Finance US Fed policymaker sees trims in balance sheet as soon as May NEW YORK: A senior US Federal Reserve official said Saturday the central bank should begin trimming its balance ... Updated 03 Apr, 2022 02:46pm
Business & Finance Germany’s three-year yield turns positive with Treasury sell-off FRANKFURT: German bond yields surged to multi-year highs on Friday and the three-year yield turned positive for the... Published 28 Mar, 2022 05:29am
Markets China, HK stocks fall on geopolitical tensions, hawkish Fed SHANGHAI: China stocks closed lower on Thursday on worries about aggressive rate hikes by the US Federal Reserve and... Published 25 Mar, 2022 05:47am
World Defaults loom as US student loan payments resume: Fed WASHINGTON: Nearly 40 million Americans will begin making payments on their student loans when a pandemic debt... Published 22 Mar, 2022 10:56pm
Markets Euro zone bond yields jump after Powell’s hawkish comments Euro zone government bond yields rose on Tuesday as investors priced in more aggressive monetary tightening from the... Published 22 Mar, 2022 03:16pm