Oil prices fall as US business activity cools NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and... Published 25 Apr, 2024 03:05am
Markets Oil settles up on ME tensions NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a... Published 13 Apr, 2024 03:49am
Business & Finance Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still... Published 20 Mar, 2024 11:13pm
Markets Oil prices climb on small build in US crude stocks NEW YORK: Oil prices climbed about 2% on Wednesday on a smaller-than-expected build in US crude inventories, a big... Published 07 Mar, 2024 04:59am
Business & Finance US dollar slightly down NEW YORK: The dollar slipped on Thursday after hitting two-week highs the day before as the positive impact of... Published 05 Jan, 2024 03:12am
Markets Indian blue-chips stocks end with small gains BENGALURU: Indian blue-chip stocks ended with small gains on Monday as investors booked profits late in the session... Published 02 Jan, 2024 05:21am
Markets Copper dips, but heads for yearly rise LONDON: Copper prices dipped on Friday, pressured by a firmer dollar, but were on track to achieve a modest gain ... Published 31 Dec, 2023 03:04am
Markets Copper, Aluminium retreat on profit-taking LONDON: Copper prices retreated from the highest in nearly five months on Thursday as investors locked in profits... Published 29 Dec, 2023 02:58am
Business & Finance Asian currencies rise on US rate cut hopes BENGALURU: Most Asian emerging market stocks rose on Thursday, while the Taiwanese dollar and the South Korean won... Published 29 Dec, 2023 02:58am
World Fed flags end of rate hikes, sees lower borrowing costs in 2024 WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections... Published 14 Dec, 2023 12:34am
Markets India’s Nifty 50 posts best month since July 2022 BENGALURU: India’s blue-chip index Nifty 50 logged its biggest monthly gain in November since July 2022, led by... Published 01 Dec, 2023 04:43am
Business & Finance Yuan firms on prospects for US rate cuts SHANGHAI: China’s yuan firmed to its strongest against the US dollar in five months on Wednesday, as the dollar... Published 30 Nov, 2023 04:53am
Markets Asian FX rally as markets eye Fed rate cuts BENGALURU: Emerging Asian currencies and most equities in the region rose on Tuesday after the US dollar touched new... Published 22 Nov, 2023 05:48am
Business & Finance Asian currencies, stocks largely up BENGALURU: South-east Asian currencies rose on Monday, with the Indonesian rupiah and South Korean won leading the... Published 21 Nov, 2023 06:01am
Business & Finance Australia, NZ dollars gain SYDNEY: The Australian and New Zealand dollars edged higher on Wednesday after China’s third-quarter economic... Published 19 Oct, 2023 05:10am
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
Business & Finance Yuan flat despite dollar weakness SHANGHAI/SINGAPORE: China’s yuan was little changed against the dollar on Wednesday despite weakness in the... Published 12 Oct, 2023 05:57am
Markets Indian shares decline BENGALURU: Indian shares fell on Monday, dragged by a surge in oil prices due to a military conflict in the Middle... Published 10 Oct, 2023 06:19am
Markets Most Gulf markets extend gains on dovish Fed bets DUBAI: Most stock markets in the Gulf ended higher on Monday, extending gains as investors ramped up their bets for... Published 18 Jul, 2023 05:51am
World 'Almost all' Fed officials agreed to skip June hike: minutes WASHINGTON: A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy... Published 06 Jul, 2023 12:01am
Markets Fed's Powell says rate hikes will come at a 'careful pace' from here WASHINGTON: U.S. Federal Reserve Chair Jerome Powell said on Thursday the central bank would move interest rates at ... Published 22 Jun, 2023 10:52pm
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
Markets Oil jumps 3pc on US debt ceiling progress BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in US interest rate hikes and... Published 02 Jun, 2023 03:56am
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 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
Markets Oil falls 4% to five-week low on US default worries, weak economic data NEW YORK: Oil prices sank 4% to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about... Updated 02 May, 2023 11:13pm
Business & Finance Fed calls for tougher bank rules after SVB collapse WASHINGTON: The US Federal Reserve called for greater banking oversight while admitting to its own failures in a... Published 29 Apr, 2023 06:04am
Markets Gold beats sharp retreat as dollar bounces NEW YORK: Gold prices pulled back sharply on Friday after surging to a more than one-year peak in the last session,... Published 17 Apr, 2023 06:41am
Business & Finance Fed economists projected 'mild recession' at March meet: minutes WASHINGTON: Federal Reserve economists were projecting a "mild recession" when the US central bank decided to ... Published 13 Apr, 2023 12:31am
Markets Fed delivers small rate hike, says 'some additional' tightening possible Raises interest rates by a quarter of a percentage point Published 22 Mar, 2023 11:13pm
