Investors brace for quantitative tightening as Fed sends hawkish message Another barometer of Federal Reserve hawkishness is making a bigger appearance on investors’ dashboards:... Published 07 Jan, 2022 06:22am
Markets Asian FX fall on hawkish Fed; Indonesian rupiah and Thai baht lead losses Most Asian currencies fell on Thursday after minutes from the latest US Federal Reserve meeting indicated the ... Updated 06 Jan, 2022 11:54am
Markets Gold firms above $1800 LONDON: Gold climbed above the key $1,800-per-ounce level on Tuesday, after a sharp retreat in the last session, as... Published 05 Jan, 2022 05:36am
Business & Finance Dollar kicks off 2022 on higher note NEW YORK: The US dollar rose against a basket of major currencies on Monday, the first trading day of the new year,... Published 04 Jan, 2022 06:54am
Markets Benchmark yields post largest increase since 2013 NEW YORK: Benchmark 10-year Treasuries ended the year with the largest yield increase since 2013 as investors ... Published 03 Jan, 2022 06:42am
Opinion After inflation, a bond supply shock may be next for markets Central banks, the developed world’s most reliable group of bond buyers, could slash debt purchases next year by ... Published 21 Dec, 2021 04:14am
Markets Stocks mostly drop as traders mull central bank moves NEW YORK: World stock markets mostly fell Friday, giving up gains made after major central banks took action to... Published 19 Dec, 2021 04:37am
Markets Major Gulf bourses rise in line with global shares DUBAI: Major stock markets ended higher on Thursday in line with global shares, after the US Federal Reserve said it... Published 17 Dec, 2021 04:30am
Markets Indian shares end higher BENGALURU: Indian shares ended slightly higher on Thursday, helped by gains in information technology stocks, even ... Published 17 Dec, 2021 04:30am
Opinion Fed’s pivot raises investor question: When does QT start? Investors are asking a key question after the US Federal Reserve accelerated its taper of bond purchases and ... Published 17 Dec, 2021 04:30am
Markets US MIDDAY: Gold advances as dollar retreats NEW YORK: Gold gained more than 1% on Thursday, buoyed by weakness in the dollar after the US Federal Reserve sped ... Published 17 Dec, 2021 04:30am
Business & Finance Canadian dollar rallies TORONTO: The Canadian dollar strengthened against its US counterpart on Thursday as more central banks took steps to... Published 17 Dec, 2021 04:30am
Markets Oil rises about 2% on strong U.S. demand, upbeat Fed outlook NEW YORK: Oil prices gained around 2% on Thursday, as record U.S. implied demand, falling crude stockpiles and an... Updated 16 Dec, 2021 11:43pm
Markets London copper rises 2% on stronger risk appetite, supply concerns London copper prices jumped more than 2% on Thursday, boosted by improved risk sentiment after the US Federal ... Published 16 Dec, 2021 10:31am
Print Fed sees three interest rate hikes in 2022 WASHINGTON: The Federal Reserve, signalling its inflation target has been met, said on Wednesday it would end its... Updated 16 Dec, 2021 10:43am
Markets Lira weakens ahead of US, Turkish cenbank meetings ISTANBUL: The lira weakened more than 1% against the dollar on Wednesday ahead of a key policy decision by the US... Published 15 Dec, 2021 01:11pm
Markets How the Fed used bond buying to boost an economy in crisis WASHINGTON: The US Federal Reserve is poised to end its bond buying stimulus program early to prepare to combat... Published 15 Dec, 2021 11:23am
Markets Tokyo shares fall TOKYO: Tokyo stocks fell on Tuesday, extending falls on Wall Street ahead of a US Federal Reserve decision and with... Published 15 Dec, 2021 06:34am
Markets Wall Street tumbles on hot producer prices data as Fed meet looms NEW YORK: The S&P 500 and the Nasdaq fell more than 1% each on Tuesday after data showed producer prices... Published 15 Dec, 2021 06:34am
Markets Indian shares fall BENGALURU: Indian shares fell on Tuesday, dragged down by auto and financial stocks, amid growing fears of surging... Published 15 Dec, 2021 06:34am
Print Fed, ECB grapple with inflation and Omicron FRANKFURT: Rising inflation and the spread of a new variant of the coronavirus will weigh on central banks’ minds... Updated 14 Dec, 2021 02:56pm
Business & Finance US dollar gains as Fed seen wrapping up asset purchases earlier than expected NEW YORK: The dollar firmed on Monday ahead of a slew of central bank meetings this week led by the Federal Reserve... Published 14 Dec, 2021 06:40am
Markets Gold slips in US NEW YORK: Gold slipped on Thursday after the dollar firmed and as data showed a big drop in the US jobless claims in... Published 10 Dec, 2021 04:29am
Markets Nikkei slips as investors turn cautious before Fed, BOJ meetings TOKYO: Japan's Nikkei share average slipped on Thursday as investors turned cautious ahead of key central bank... Published 09 Dec, 2021 10:40am
Markets Wall Street Week Ahead: Hawkish Fed boosts value stocks’ appeal for some investors NEW YORK: Some investors are preparing for a hawkish turn from the Federal Reserve by buying the cyclical,... Published 06 Dec, 2021 06:19am
Markets Equity rally wavers as Omicron keeps investors humble LONDON: Stocks markets wavered on Friday, with European shares just holding onto gains as the possibility of more... Published 03 Dec, 2021 06:28pm
Business & Finance Dollar slips below 16-month highs LONDON: The dollar slipped slightly on Thursday but was still close to its highest since July 2020 against the euro,... Published 26 Nov, 2021 05:15am
Markets US MIDDAY: Gold drops to near 3-week low NEW YORK: Gold prices fell more than 1% to a near three-week low on Tuesday as the renomination of US Federal ... Published 24 Nov, 2021 05:18am
Markets Oil and euro slip, markets on edge over COVID-19 curbs in Europe SYDNEY: Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as the... Published 22 Nov, 2021 10:29am
Markets Gold range-bound in Europe LONDON: Gold held in a narrow range on Thursday as investors remained torn over how fast the US Federal Reserve will... Published 19 Nov, 2021 04:35am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’