European shares bounce back from three-week lows PARIS: European shares recouped some losses on Thursday after hitting three-week lows in the previous session, with... Published 05 Jan, 2024 03:12am
Markets China’s yuan down on first trading day of 2024, policy easing eyed SHANGHAI: China’s yuan eased against the dollar on the first trading day of the year on Tuesday, pressured by rising... Published 02 Jan, 2024 10:07am
Markets Saudi shares make positive start to 2024 DUBAI: Saudi Arabia’s stock market rose on Monday, starting 2024 on a positive note, on expectations of interest... Published 02 Jan, 2024 05:21am
Markets US Treasuries: Ten-year yields end 2023 slightly higher NEW YORK: Benchmark US 10-year Treasury yields ended 2023 higher year-over-year as investors digested weak economic... Published 02 Jan, 2024 05:21am
Markets Gold headed for best year since 2020 BENGALURU: Gold edged up on Friday as it looked set to mark its best year in three, supported by expectations that... Published 31 Dec, 2023 03:04am
Business & Finance Dollar on pace for first yearly loss since 2020 NEW YORK: The dollar is set to end 2023 with its first loss since 2020 against the euro and a basket of currencies ... Published 30 Dec, 2023 06:28am
Markets China’s yuan leaps to seven-month high, but set for second yearly drop SHANGHAI: China’s yuan leapt to a seven-month high against the dollar on the last trading day of the year on Friday,... Published 29 Dec, 2023 10:17am
Markets Wall St edges up as year end approaches NEW YORK: US stocks rose marginally in light trading on the penultimate trading day of 2023, with the S&P 500... Published 29 Dec, 2023 02:58am
Markets Gold rises to more than 3-week high as US rate cut bets firm Gold prices climbed on Thursday to highest in more than 3 weeks as the US dollar and bond yields hit multi-month... Published 28 Dec, 2023 10:08am
Markets India’s Nifty set to open higher, tracking Asian peers BENGALURU: India’s Nifty 50 will likely open higher on Wednesday tracking gains in Asian peers, helped by bets of... Published 27 Dec, 2023 10:14am
Markets Gold firms on bets for early 2024 start to US rate cuts BENGALURU: Gold consolidated gains on Tuesday, extending its climb for a third session on a weaker dollar and... Published 27 Dec, 2023 05:15am
Markets Chicago wheat climbs CHICAGO: Chicago Board of Trade wheat climbed more than 3% on Tuesday, as the market reacted to potential shipping... Published 27 Dec, 2023 05:15am
Markets Major Gulf bourses mixed in early trade Major stock markets in the Gulf were mixed in early trade on Tuesday on optimism that the US Federal Reserve would... Published 26 Dec, 2023 01:31pm
Markets China’s yuan edges lower as expectations rise for policy easing SHANGHAI: China’s yuan weakened slightly against the dollar on Tuesday while Chinese bond prices rose, amid rising... Published 26 Dec, 2023 10:31am
Markets Dollar struggles to gain footing in thin trade; yen steady SINGAPORE: The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that... Published 26 Dec, 2023 09:53am
Markets Oil rises on Middle East tensions and US rate cut hopes LONDON: Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor... Updated 26 Dec, 2023 10:19pm
Business & Finance Dollar at 5-month low after US inflation cools in Nov NEW YORK: The dollar fell against a basket of currencies on Friday, hitting a near five-month low as data showed... Published 23 Dec, 2023 06:16am
Business & Finance Japan inflation slows to 2.5% in November as energy bills drop TOKYO: Japanese consumer inflation slowed to 2.5 percent year-on-year in November, down from 2.9 percent the... Published 22 Dec, 2023 11:44am
Business & Finance Dollar higher as big UK inflation drop hits pound NEW YORK: The dollar strengthened against the pound on Wednesday after data revealed sharply falling UK inflation,... Published 21 Dec, 2023 03:54am
Markets China’s yuan inches lower, market evaluates monetary policy stances at major central banks SHANGHAI: China’s yuan inched lower against the dollar on Wednesday, as market participants continued to evaluate... Published 20 Dec, 2023 12:15pm
Markets Gold holds steady on Fed rate-cut hopes; focus on US inflation print Gold prices held steady above the key $2,000 level on Wednesday, supported by prospects of interest rate cuts from... Published 20 Dec, 2023 10:29am
Markets Gold holds tight range as traders await US data for more Fed cues Gold prices were stuck in a narrow trading range on Tuesday as investors awaited more US economic data this week... Published 19 Dec, 2023 10:08am
Business & Finance Dollar eases against euro NEW YORK: The US dollar eased against the euro on Monday, extending last week’s fall, as the US currency remains... Published 19 Dec, 2023 05:20am
Markets European shares end fifth week higher on rate-cut optimism PARIS: European shares inched up on the final day of a week marked by major central bank policy decisions, in which... Published 16 Dec, 2023 05:49am
Business & Finance Most Asian currencies extended gains BENGALURU: Most Asian equities extended gains on Friday, while currencies held onto to their recent rise following a... Published 16 Dec, 2023 05:49am
Markets Real estate, miners drive European shares rally BENGALURU: Real estate and miners led a rally in European shares on Thursday as risk appetite received a strong ... Published 15 Dec, 2023 03:12am
Markets Indian shares resume record-breaking surge BENGALURU: India’s benchmark indexes hit all-time highs on Thursday, joining a global rally after the US Federal... Published 15 Dec, 2023 03:12am
Markets Oil rises more than 3pc on weaker dollar, IEA demand upgrade NEW YORK: Oil prices rose more than 3% on Thursday, extending the previous session’s gains, boosted by a weaker... Published 15 Dec, 2023 03:12am
Business & Finance Fed stands alone as ECB, BoE stick with tight policy WASHINGTON/FRANKFURT: The US Federal Reserve was left in a camp of its own on Thursday when a host of Europe’s... Published 15 Dec, 2023 03:12am
Business & Finance Indian rupee stronger MUMBAI: The Indian rupee closed stronger on Thursday but lagged behind its Asian peers that sharply rallied after ... Published 15 Dec, 2023 03:12am
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?