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
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
World EU seeks to ease US tariff, green subsidy threats BRUSSELS: The European Union will seek this week to ward off the return of Trump-era metals tariffs and to lessen... Published 16 Oct, 2023 10:35am
Markets Japanese shares track Wall Street’s declines TOKYO: Japanese shares fell on Friday, tracking Wall Street’s declines overnight after hotter-than-expected US... Published 14 Oct, 2023 05:32am
Markets European stocks dip as US rate worries resurface BENGALURU: European stocks slipped on Friday after US inflation data fuelled concerns about interest rates staying... Published 14 Oct, 2023 05:32am
Markets Asian FX retreat after strong US inflation report BENGALURU: Emerging Asian currencies retreated on Friday as the US dollar and Treasury yields strengthened after... Published 14 Oct, 2023 05:32am
Business & Finance Australia, NZ dollars lower SYDNEY: The Australian and New Zealand dollars nursed losses on Friday after a hotter-than-expected US inflation... Published 14 Oct, 2023 05:32am
Markets Oil prices rise on expectations NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a... Published 13 Oct, 2023 05:50am
Markets Gold trims gains after US inflation data BENGALURU: Gold prices pared gains on Thursday as dollar and Treasury yields ticked higher after US consumer prices... Published 13 Oct, 2023 05:50am
Business & Finance Dollar slips on dovish Fed remarks LONDON/SINGAPORE: The euro strengthened as the dollar slid on Tuesday in reaction to a sharp drop in Treasury yields... Published 11 Oct, 2023 03:09am
Markets Gold dips to 7-month low on dollar strength, focus shifts to US data Gold extended losses on Monday for the sixth consecutive session to hit a near seven-month low, as the dollar stayed... Published 02 Oct, 2023 10:16am
Business & Finance US wholesale prices rise more than expected in August WASHINGTON: US wholesale prices rose by more than expected in August as demand for energy surged, the government... Published 14 Sep, 2023 06:18pm
Business & Finance US consumer inflation ticks up in August to 3.7% WASHINGTON: Consumer inflation in the United States picked up in August for a second straight month, according to... Published 13 Sep, 2023 05:44pm
Markets Higher gasoline prices seen boosting US inflation in August WASHINGTON: US consumer prices likely increased by the most in 14 months in August amid a surge in the cost of... Published 13 Sep, 2023 10:36am
Markets India rupee non-deliverable forwards indicate marginal uptick at open MUMBAI: The Indian rupee is likely to open marginally higher on Wednesday tracking non-deliverable forwards, but... Published 13 Sep, 2023 09:46am
Markets Dollar steady ahead of key US inflation data, yen retraces gains TOKYO: The dollar was broadly steady on Wednesday ahead of a key US inflation report later in the day, though it... Published 13 Sep, 2023 09:44am
Markets Indian rupee to rise after choppy session, to trade around 83/USD MUMBAI: The Indian rupee is likely to open higher on Tuesday on the back of a dip on the dollar index and bets that... Published 12 Sep, 2023 11:18am
Markets Gold listless as investors await US CPI data for Fed policy guidance Gold prices settled into a holding pattern on Tuesday as investors awaited US inflation figures that could provide... Published 12 Sep, 2023 10:17am
Markets Asian stocks steady, Japan, China central banks interrupt dollar’s ascent SINGAPORE: Asian stock markets edged up on Tuesday while comments from central banks in China and Japan interrupted... Published 12 Sep, 2023 09:25am
Markets Yen jumps on Ueda’s remarks; dollar tentative ahead of US inflation print SINGAPORE: The yen strengthened on Monday as comments from Bank of Japan (BOJ) Governor Kazuo Ueda stoked hopes that... Published 11 Sep, 2023 09:33am
World US consumer inflation edges up in July WASHINGTON: US consumer inflation inched up in July but held at a moderate level, government data showed Thursday,... Published 10 Aug, 2023 06:07pm
Markets Financials pull Australian shares lower; key US data in focus Australian shares dropped on Thursday as a drag in financials weighed on the index, while investors globally awaited... Published 10 Aug, 2023 09:54am
Markets Dollar in holding pattern as US inflation test looms; PBOC supports yuan TOKYO: The dollar held near the centre of its range this week against a basket of major peers, as investors awaited... Published 10 Aug, 2023 09:37am
Markets Indian shares open flat ahead of RBI decision, US inflation data BENGALURU: Indian shares opened little changed on Tuesday amid caution ahead of inflation data from major economies... Published 08 Aug, 2023 10:41am
Markets S&P 500, Dow kick off week higher; inflation in focus NEW YORK: The benchmark S&P 500 and the Dow climbed higher on Monday following a choppy week, with investors... Published 08 Aug, 2023 06:37am
World Key US inflation gauge cools further as rate hikes bite WASHINGTON: A key indicator of US inflation cooled in June to the lowest annual rate in over two years, said... Published 28 Jul, 2023 06:08pm
Markets Fed raises interest rates, leaves door open to another increase WASHINGTON: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still... Published 26 Jul, 2023 11:36pm
Markets Dollar teeters near one-year low; euro scales 17-month peak SINGAPORE: The dollar wobbled near an over one-year low against its major peers on Tuesday, as investors awaited... Published 18 Jul, 2023 09:35am
Markets European shares slip as Richemont, China data drag PARIS: European shares fell on Monday as Richemont led a slide among luxury firms on weaker-than-expected organic... Published 18 Jul, 2023 05:51am
Markets Reliance Industries lift Indian shares to fresh highs BENGALURU: Indian shares rose to fresh all-time highs, led by index heavyweight Reliance Industries ahead of the... Published 18 Jul, 2023 05:51am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn