Australia, NZ dollars go flat SYDNEY: The Australian and New Zealand dollars took a breather on Friday after a week of choppy trading, with a... Published 03 Jun, 2024 06:30am
Markets Copper rebounds after US inflation data pushes dollar down LONDON: Copper prices bounced on Friday after data showed US inflation was steady, giving more confidence that the... Published 02 Jun, 2024 02:53am
Markets S&P 500, Nasdaq drop as investors weigh Fed moves NEW YORK: The S&P 500 and the Nasdaq gave up early gains on Friday and were set to snap their five-week winning... Published 01 Jun, 2024 06:59am
Markets European shares rise after US inflation data keeps Fed rate cut hopes alive PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the... Published 01 Jun, 2024 06:59am
Markets China stocks close down on weak PMI SHANGHAI: China stocks closed down on Friday, after an official factory survey showed the country’s manufacturing... Published 01 Jun, 2024 06:59am
Business & Finance Most Asian currencies subdued BENGALURU: Most Asian currencies moved in a narrow range on Friday but were set for monthly gains, while shares rose... Published 01 Jun, 2024 06:59am
Business & Finance Dollar set for first monthly drop after US inflation readout NEW YORK: The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed US... Published 01 Jun, 2024 06:59am
Markets Most Gulf bourses rise; Saudi hits 5-month low DUBAI: Most stock markets in the Gulf reversed early losses to end higher on Thursday, ahead of key US inflation ... Published 31 May, 2024 06:58am
Business & Finance Vietnam inflation rises in May, nears government limit HANOI: Vietnam’s annual inflation rate edged up to 4.44% in May, official data showed on Wednesday, nearing the... Published 29 May, 2024 11:33am
Markets Oil prices gain on expectations of OPEC+ extension to output cuts LONDON: Oil prices grazed a four-week peak on Wednesday on expectations that major producers will extend output cuts... Updated 29 May, 2024 05:20pm
Business & Finance Progress in US inflation fight ‘has likely resumed’: Fed official WASHINGTON: Progress in the US Federal Reserve’s fight against inflation “likely resumed” last month, a senior bank... Published 21 May, 2024 06:32pm
Markets Oil prices steady NEW YORK: Oil prices were stable on Monday as the market awaited further clues on the likely path of US interest... Published 21 May, 2024 03:39am
Markets Gold hits record peak, silver jumps BENGALURU; Gold prices hit an all-time high on Monday, as a slowing US inflation trend boosted expectations the... Published 21 May, 2024 03:39am
Business & Finance Dollar mostly flat as market mulls inflation outlook NEW YORK/LONDON: The dollar traded little changed against major currencies on Friday as market speculation continues... Published 18 May, 2024 05:45am
Markets Gold prices set for second weekly gain on Fed rate-cut optimism Gold prices appeared set for a second consecutive weekly gain on Friday, after recent US inflation data fuelled... Published 17 May, 2024 10:15am
Markets Gold eases off as dollar regains ground BENGALURU: Gold prices pulled back after earlier touching a near one-month high on Thursday as the dollar inched up,... Published 17 May, 2024 05:50am
Business & Finance Asian currencies: Malaysian ringgit hits 2-month high BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key... Published 16 May, 2024 06:28am
Markets Asian markets mixed as focus turns to US inflation report HONG KONG: Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling... Published 15 May, 2024 11:14am
Markets Dollar droops ahead of crucial CPI test; yen under pressure TOKYO: The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders... Published 15 May, 2024 09:57am
Markets Asian FX hit pause as focus turns to US data BENGALURU: Asian currencies and stocks were little changed on Tuesday under pressure from a steady dollar, as... Published 15 May, 2024 05:47am
Business & Finance Asian FX muted on firm dollar BENGALURU: Asian currencies were largely muted on a firmer dollar and most regional stocks slipped as investors... Published 10 May, 2024 04:17am
Business & Finance Indonesia’s inflation rate eases slightly in April JAKARTA: Indonesia’s annual inflation rate cooled slightly in April as pressure from some food prices eased as the... Published 02 May, 2024 10:29am
Markets Oil falls to 7-week low on surprise build in US storage NEW YORK: Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in US crude stocks, the... Published 02 May, 2024 04:58am
Business & Finance Most Asian currencies muted ahead of Fed decision BENGALURU: Asian emerging market currencies were subdued on Monday after inflation data in the United States further... Published 30 Apr, 2024 03:43am
Markets Yen trips past 160-per-dollar to April 1990 lows SINGAPORE: The Japanese yen hit its weakest levels since April 1990 on Monday, in trading thinned by a holiday in... Published 29 Apr, 2024 09:56am
Business & Finance Fed to meet amid dwindling hopes of summer rate cuts WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as... Updated 29 Apr, 2024 09:20am
Markets Oil higher on supply concerns HOUSTON: Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong ... Published 28 Apr, 2024 02:56am
Business & Finance Japan’s yen hits new 34-year low NEW YORK: The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by US inflation ... Published 27 Apr, 2024 05:03am
Business & Finance Yen falls to 1990 lows TOKYO: The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert to ... Published 23 Apr, 2024 03:41am
World Fed’s Williams said outlook uncertain, data will drive rate decisions NEW YORK: Federal Reserve Bank of New York President John Williams said on Thursday that the U.S. central bank has... Published 11 Apr, 2024 06:28pm
