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
Markets UK stocks fall as weak China recovery drags down commodity shares LONDON: British equities slipped on Monday, with mining stocks leading declines after weak economic data from top... Published 18 Jul, 2023 05:51am
Business & Finance US economic activity rose slightly in recent weeks, Fed survey WASHINGTON: US economic activity increased slightly in recent weeks, with slow growth seen continuing in coming... Published 17 Jul, 2023 03:47am
Markets Oil prices drop on profit-taking, still headed for weekly gain BENGALURU: Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked... Updated 14 Jul, 2023 09:14pm
Markets Most Gulf markets gain as US inflation cools, Saudi index eases Most major stock markets in the Gulf rose in early trade on Thursday after US inflation and economic data boosted... Published 13 Jul, 2023 03:30pm
Markets Brent oil hovers above $80 as U.S inflation eases LONDON: Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest... Updated 13 Jul, 2023 05:02pm
Business & Finance Back-to-school spending set for first decline in nine years as inflation bites Back-to-school spending is expected to fall for the first time in nine years as shoppers across all income levels... Published 12 Jul, 2023 10:19am
Markets Oil prices gain on weaker US dollar NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling US dollar, hopes for higher... Published 12 Jul, 2023 06:39am
Markets Aluminium prices trim gains LONDON: Aluminium prices trimmed gains on Tuesday as the dollar steadied ahead of a US inflation update, while... Published 12 Jul, 2023 06:39am
Markets Dollar slips as Fed hike cycle nears end; focus on US inflation SINGAPORE: The dollar weakened on Tuesday after Federal Reserve officials signalled that the central bank was... Published 11 Jul, 2023 09:37am
World White House's Brainard sees 'every reason' to believe inflation going down WASHINGTON: U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation ... Published 29 Jun, 2023 09:29pm
Markets Fed holds rates steady, sees two small hikes by end of year WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections... Published 14 Jun, 2023 11:26pm
Markets Gold eases as dollar strengthens at start of busy Fed week NEW YORK: Gold prices dipped on Monday as the dollar and bond yields firmed, while traders braced for a busy week of... Published 13 Jun, 2023 06:00am
Print Divided Fed expected to rally around a US interest rate pause WASHINGTON: The US Federal Reserve is widely expected to pause its campaign of interest rate increases on Wednesday... Updated 12 Jun, 2023 08:40am
Business & Finance Dollar dips as investors wait on inflation data NEW YORK: The dollar fell against the euro and yen on Wednesday with no major catalysts to drive market direction as... Published 08 Jun, 2023 06:30am
Markets IMF says US interest rates need to stay higher to bring inflation down DETROIT: The International Monetary Fund on Friday said U.S. interest rates will likely need to remain higher for... Published 26 May, 2023 11:06pm
Markets Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show WASHINGTON: Federal Reserve officials "generally agreed" last month that the need for further interest rate ... Published 24 May, 2023 11:16pm
Markets Dollar hits 5-week high on inflation worries; lira drops, baht soars TOKYO: The US dollar rose to a five-week high against major peers on Monday as the safe-haven currency benefited... Published 15 May, 2023 10:15am
Business & Finance US consumer sentiment plummets to six-month low WASHINGTON: US consumer sentiment slumped to a six-month low in May on worries that political haggling over raising... Published 15 May, 2023 07:17am
Markets European stocks fall after sticky US inflation PARIS: European shares dropped on Wednesday as strong underlying inflation in the US indicated that the Federal... Published 11 May, 2023 05:54am
Markets European shares higher, lifted by healthcare and bank stocks PARIS: European shares ended higher on Monday, with healthcare and bank stocks in the lead as investors awaited key... Published 09 May, 2023 05:37am
Markets Fed delivers small rate hike, flags possible pause in tightening cycle Unanimous decision lifts U.S. central bank's benchmark overnight interest rate to the 5.00%-5.25% range Published 03 May, 2023 11:16pm
World US goods trade deficit narrows sharply in March; retail inventories rise WASHINGTON: The US trade deficit in goods narrowed sharply in March as exports surged and imports declined, which... Published 26 Apr, 2023 06:32pm
Business & Finance Singapore March core inflation rises 5%, slightly less than forecast SINGAPORE: Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed... Published 24 Apr, 2023 10:20am