Hong Kong shares rise HONG KONG: Hong Kong’s Hang Seng index finished higher on Thursday, led by tech shares, but gains were limited... Published 11 Feb, 2022 04:31am
Business & Finance Rouble steady MOSCOW: The Russian rouble hit its strongest point since early January on Thursday before paring gains, at one point... Published 11 Feb, 2022 04:31am
World US rate futures lift chances of 50 bps hike in March after strong CPI data NEW YORK: Federal funds rate futures on Thursday have increased the chances of a half percentage-point tightening by... Published 10 Feb, 2022 09:26pm
World Biden says consumer inflation report shows budgets of Americans are 'being stretched' US President Joe Biden said the January consumer price index report issued on Thursday was a reminder the budgets of... Published 10 Feb, 2022 09:11pm
Markets Wall Street Week Ahead; Inflation data next focus for investors after bond yield spike NEW YORK: Wild swings in stocks and a sharp run-up in government bond yields are putting the spotlight on next... Published 07 Feb, 2022 05:22am
Business & Finance Record US inflation growing concern for Fed, business WASHINGTON: The scourge of rising prices now ranks among American business leaders' top concerns, according to a... Published 14 Jan, 2022 10:09am
Business & Finance Australia, NZ dollars look to break higher SYDNEY: The Australian and New Zealand dollars were looking to push higher on Thursday after US inflation proved no... Published 14 Jan, 2022 07:45am
Business & Finance Dollar extends losses, euro rallies as traders reassess rate hike bets LONDON: The dollar fell further on Thursday to two-month lows after US inflation proved weaker than feared in... Published 14 Jan, 2022 07:45am
Business & Finance Revved up US demand for used cars sends prices soaring ARLINGTON: The used car market in the United States is seeing an unprecedented phenomenon: owners selling vehicles... Published 13 Jan, 2022 09:34am
Business & Finance US consumer prices post biggest rise in nearly 40 years; inflation close to peaking WASHINGTON: US consumer prices increased solidly in December as rental accommodation and used cars maintained their... Published 13 Jan, 2022 07:17am
Markets US gasoline prices lower NEW YORK: US gasoline prices have dropped in time for the major holiday driving season, but not everyone around the... Published 21 Dec, 2021 04:14am
Markets European stocks, dollar flat before US inflation LONDON: European stocks and the dollar steadied Friday, as traders awaited key US inflation data for fresh clues on... Published 13 Dec, 2021 06:45am
Markets Stocks dip in Asia ahead of US inflation figures HONG KONG: Asian markets dropped on Friday, following a weak lead from Wall Street and as investors awaited a key US... Published 13 Dec, 2021 06:45am
Markets US inflation surge whiplashes stocks LONDON: US and European stocks initially advanced on Friday despite data showing that US inflation rose to a near... Published 13 Dec, 2021 06:45am
Markets Gold gains ground after US inflation data NEW YORK: Gold gained on Friday as its safe-haven appeal was boosted by elevated U.S. consumer prices, which also... Published 11 Dec, 2021 04:12am
Print Oil majors ‘pocketing the difference’: Biden WASHINGTON: Oil majors have raised gasoline prices for the sake of their own profits, US President Joe Biden said... Published 25 Nov, 2021 03:36am
World US prices rose 5% last month compared to October 2020: Commerce Dept WASHINGTON: Prices across the United States rose by five percent last month compared to October 2020 as the wave of... Published 24 Nov, 2021 09:31pm
Business & Finance Canadian dollar steadies near 5-week low TORONTO: The Canadian dollar was little changed against the greenback on Friday, holding near its weakest level in... Published 13 Nov, 2021 04:08am
Markets Dollar hits 16-month high as inflation fears put it on track for best week since June TOKYO: The US dollar headed for its best week in almost five months against major peers on Friday, amid bets for... Published 12 Nov, 2021 10:13am
World Biden says inflation 'top priority' as US prices hit 30-year high WASHINGTON: President Joe Biden has made fighting US inflation his "top priority" after government data Wednesday... Published 10 Nov, 2021 11:26pm
Business & Finance Australia, NZ dollars on backfoot SYDNEY: The Australian and New Zealand dollars were slightly weaker on Monday, nursing last week’s losses as ... Published 09 Nov, 2021 04:48am
Markets Stocks guarded ahead of US inflation test SYDNEY/MILAN: World shares steadied near record peaks on Monday as risk assets found support from an upbeat US... Published 08 Nov, 2021 03:19pm
Markets Asia stocks go guarded ahead of US inflation test SYDNEY: Asian share markets were mixed on Monday as risk assets found support from the upbeat US October payrolls... Published 08 Nov, 2021 11:02am
Business & Finance Pound slips LONDON: The pound slipped on Monday, touching its lowest in more than two weeks versus the dollar, pressured by... Published 02 Nov, 2021 05:20am
Markets US long-dated yields fall to one-week lows; 2-year note auction well-received NEW YORK: US Treasury yields were mixed on Tuesday in thin volume, with those on the long end of the curve falling... Published 27 Oct, 2021 12:58am
World Yellen sees US inflation moderating by mid-to-late 2022 NEW YORK: Inflation in the United States, pushed upward by pandemic-related supply and labor problems, should return... Updated 24 Oct, 2021 09:24pm
Markets Gold gains on inflation jitters, dollar dip LONDON: Gold rose on Wednesday, boosted by concerns of an economic hit from soaring energy prices and a retreat in... Published 14 Oct, 2021 04:14am
Business & Finance Dollar sags as weaker-than-expected US inflation continues to weigh NEW YORK: The dollar weakened against major currencies on Wednesday after softer-than-expected U.S. inflation data... Published 16 Sep, 2021 04:02am
Markets Dollar holds recent ranges after soft US inflation LONDON: The dollar held recent ranges against peers on Wednesday after softer-than-expected US inflation figures... Published 15 Sep, 2021 02:08pm
Markets Financials drag Dow, S&P lower NEW YORK: The Dow Jones and S&P 500 indexes fell on Tuesday, dragged down by financial stocks, after data ... Published 15 Sep, 2021 04:19am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees