Financials lifts Indian shares; Fed minutes eyed BENGALURU: Indian shares rose on Tuesday, led by a rebound in financials after a two-session losing run, while a... Published 22 Nov, 2023 05:48am
Markets Nasdaq leads Wall Street higher as Microsoft hits record high NEW YORK/LONDON: The Nasdaq led gains among the main US stock indexes on Monday as Microsoft climbed on news that... Published 21 Nov, 2023 06:01am
Markets Gold retreats on Powell’s hawkish cues BENGALURU: Gold fell on Friday and was bound for a second straight weekly drop on cooling safe-haven demand and... Published 12 Nov, 2023 03:14am
Markets Copper higher on hopes of peak Fed rates, weak dollar LONDON: Copper prices edged higher on Thursday on hopes that the US Federal Reserve have stopped hiking rates, which... Published 03 Nov, 2023 06:11am
World Fed leaves rates unchanged, acknowledges economy is ‘strong’ WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase... Published 01 Nov, 2023 11:18pm
Business & Finance Fed may pause again with rates at 22-year high WASHINGTON: The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as... Updated 30 Oct, 2023 08:50am
Markets Financials lead slides in Indian shares BENGALURU: Indian shares declined on Wednesday as Bajaj Finance led a slide in financials after disappointing ... Published 19 Oct, 2023 05:10am
Markets Japan finance minister: No comment on IMF remarks on FX intervention TOKYO: Japanese Finance Minister Shunichi Suzuki on Tuesday declined to comment on remarks by an International... Published 17 Oct, 2023 10:06am
Markets Gold up as it heads for best week since March BENGALURU: Gold edged up on Friday and was set for its best week in seven months, deriving support from tensions in... Published 15 Oct, 2023 03:19am
Markets Copper extends losses on firm dollar LONDON: Copper prices dipped on Friday as the dollar resumed gains on worries about high US interest rates and after... Published 15 Oct, 2023 03:19am
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
Business & Finance Dollar gains after US consumer prices rise NEW YORK: The dollar strengthened on Thursday after US consumer prices rose more than expected in September on a... Published 13 Oct, 2023 05:50am
Business & Finance Sterling ticks higher as trader awaits US jobs data LONDON: Sterling ticked a fraction higher against the dollar on Friday ahead of key US jobs data, while traders... Published 09 Oct, 2023 06:24am
Markets European shares fall 1pc as bond yields surge PARIS: European shares sank to fresh six-month lows on Tuesday, dragged lower by rate-sensitive utilities and miners... Published 04 Oct, 2023 06:20am
Markets Gold at seven-month low BENGALURU: Gold prices languished near a seven-month low on Tuesday, weighed down by a robust dollar and elevated... Published 04 Oct, 2023 06:20am
Business & Finance Asian currencies hit multi-month lows BENGALURU: Asian emerging market currencies bore the brunt of a strong dollar on Tuesday, with most trading at... Published 04 Oct, 2023 06:20am
Markets Gold extends fall BENGALURU: Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as a... Published 03 Oct, 2023 06:02am
Markets Japanese rubber gains SINGAPORE: Japanese rubber futures rose for a second session on Monday, as a weaker yen supported the market,... Published 03 Oct, 2023 06:02am
Business & Finance Asian currencies: Thai baht, Indonesian rupiah lead declines SINGAPORE: Thailand’s baht and Indonesian rupiah led falls among Asian emerging market currencies on Monday, as ... Published 03 Oct, 2023 06:02am
World Fed leaves rates unchanged, sees tighter policy through 2024 Financial markets had widely expected that the Fed would leave rates unchanged Updated 20 Sep, 2023 11:58pm
Markets Indian shares open flat amid concerns over China economy, US rates BENGALURU: Indian shares opened little changed on Tuesday amid risk aversion due to persistent concerns over the... Published 22 Aug, 2023 09:56am
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
Business & Finance Fed leaves rates steady, sees two small hikes by end of 2023 WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections... Published 15 Jun, 2023 06:03am
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
Business & Finance Dollar drops after Fed’s Powell hints at June pause NEW YORK: The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance,... Published 22 May, 2023 06:23am
Markets Wall Street falls as PacWest woes fuel fresh selloff NEW YORK: US stock indexes fell on Thursday after PacWest’s move to explore strategic options deepened concerns... Published 05 May, 2023 06:44am
Business & Finance Top Fed official sees rates rising and staying high WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle... Published 22 Apr, 2023 03:38am
Markets Wall Street Week Ahead: Consumer stocks’ earnings may offer clues about US economy’s resilience NEW YORK: Investors are awaiting earnings reports from consumer discretionary companies in coming weeks for a read ... Published 17 Apr, 2023 06:41am
Business & Finance Wells Fargo profit exceeds estimates as rising rates bolster income NEW YORK: Wells Fargo & Co’s profit surpassed expectations for the first quarter on Friday as it earned more... Published 17 Apr, 2023 06:41am
Business & Finance Dollar edges up NEW YORK: The dollar edged higher on Tuesday as traders set aside a fairly strong reading of consumer price data and... Published 15 Mar, 2023 06:01am