Gulf bourses mixed ahead of US economic data DUBAI: Stock markets in the Gulf ended mixed on Tuesday ahead of US economic data expected to offer clues to the ... Published 25 Oct, 2023 06:19am
Business & Finance Asian currencies edge higher BENGALURU: The Thai baht and South Korean won led gains in emerging Asian currencies on Tuesday, as the US dollar... Published 25 Oct, 2023 06:19am
Business & Finance Asian currencies slip as bond sell-off dampens risk sentiment BENGALURU: Emerging Asian currencies remained subdued on Friday and equities slid, pressured by a continuing surge ... Published 21 Oct, 2023 06:05am
Business & Finance Dollar hits 150 yen then dips on intervention jitters NEW YORK: The dollar touched the closely watched 150 level against the yen on Friday after the benchmark 10-year... Published 21 Oct, 2023 06:05am
World US inflation is ‘still too high’: Fed Chair Powell WASHINGTON: US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 20 Oct, 2023 05:17am
Business & Finance Asia currencies down as Middle East jitters BENGALURU: Indonesia’s rupiah led declines in emerging Asian currencies on Thursday, while Malaysia’s ringgit... Published 20 Oct, 2023 05:17am
World US inflation is 'still too high': Fed Chair Powell WASHINGTON: US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 19 Oct, 2023 11:17pm
Markets Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears NEW YORK: Some investors are increasing exposure to longer term US Treasuries in the midst of a historic sell-off,... Published 19 Oct, 2023 10:22am
Markets Dollar holds near 150 yen ahead of Fed Chair remarks TOKYO: The dollar held the yen near a two-week low, as growing expectations the US Federal Reserve will keep rates... Published 19 Oct, 2023 09:59am
Markets Barclays now expects US Fed rate hike in December Barclays forecasts the US Federal Reserve delivering a 25-basis-point hike in December, compared to a prior rate... Published 19 Oct, 2023 09:39am
Markets Tokyo stocks close slightly higher TOKYO: Tokyo stocks ended flat Wednesday as investors weighed developments in the Middle East and US data that... Published 19 Oct, 2023 05:10am
Business & Finance Dollar gains against euro, Middle East in focus NEW YORK: The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak... Published 19 Oct, 2023 05:10am
Markets Arabica coffee, cocoa gain NEW YORK: Arabica coffee futures on ICE ended the week with a net gain of 6% after a strong advance on Friday when... Published 15 Oct, 2023 03:19am
Business & Finance Most Asian currencies edge higher BENGALURU: Most Asian currencies and equities edged higher on Thursday, as minutes of the US Federal Reserve’s ... Published 13 Oct, 2023 05:50am
Business & Finance Yuan slips despite state boosting bank stakes SHANGHAI: China’s yuan weakened against the dollar on Thursday, even as state investor Huijin increased stakes in... Published 13 Oct, 2023 05:50am
Markets China stocks close up on stimulus hopes SHANGHAI: China stocks closed up on Wednesday, tracking global markets on a dovish tone from US Federal Reserve... Published 12 Oct, 2023 05:57am
Markets Asian FX gain on dovish Fed comments BENGALURU: Most Asian emerging market currencies and equities gained on Wednesday as dovish remarks by Federal... Published 12 Oct, 2023 05:57am
Business & Finance Dollar slips on underlying moderate PPI data NEW YORK: The dollar slid on Wednesday after hotter-than-expected data on US producer prices showed underlying... Published 12 Oct, 2023 05:57am
Markets China stocks dip on Middle East concerns; HK gains HONG KONG: Chinese stocks declined on Tuesday as investors rushed to sell companies with exposure to the Middle ... Published 11 Oct, 2023 03:10am
Markets European stocks mark best day in nearly a year PARIS: European stocks rebounded sharply on Tuesday as dovish comments from US Federal Reserve and European Central... Published 11 Oct, 2023 03:10am
Markets Wall Street gains as Fed officials strike dovish tone NEW YORK: The S&P 500 and the Nasdaq touched three-week highs on Tuesday as dovish comments from US Federal... Published 11 Oct, 2023 03:10am
Business & Finance Asian currencies edge lower on caution on ME conflict BENGALURU: Most Asian emerging market currencies edged lower on Tuesday as the conflict in the Middle East and high... Published 11 Oct, 2023 03:09am
Business & Finance Fed should proceed ‘carefully’ on rate hikes: officials WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates... Published 10 Oct, 2023 06:19am
Business & Finance US dollar set for 12th weekly gain after blowout jobs number NEW YORK: The dollar gained on Friday, headed for a 12th straight week of gains, after a blockbuster US jobs report... Published 07 Oct, 2023 06:01am
Markets Gold pauses declines as investors hold breath for US payrolls report Gold edged up from seven-month lows on Friday, as the US dollar and bond yields took a breather after scaling new... Published 06 Oct, 2023 10:24am
Markets European shares fall 1pc as bond yields surge PARIS: European shares sank to fresh six-month lows on Tuesday, dragged lower by rate-sensitive utilities and miners... Published 04 Oct, 2023 06:20am
Markets Japanese rubber futures lower SINGAPORE: Japanese rubber futures recorded their biggest dip since April on Tuesday amid sliding Asian stocks and a... Published 04 Oct, 2023 06:20am
Business & Finance Asian currencies hit multi-month lows BENGALURU: Asian emerging market currencies bore the brunt of a strong dollar on Tuesday, with most trading at... Published 04 Oct, 2023 06:20am
Markets Oil prices fall NEW YORK: Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the US... Published 03 Oct, 2023 06:02am
Business & Finance Dollar climbs to near 150 vs yen after US shutdown avoided NEW YORK: The dollar index climbed on Monday, building on four straight weeks of gains after the US government... Published 03 Oct, 2023 06:02am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?