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
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
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
Business & Finance Dollar firmer NEW YORK: The dollar strengthened on Thursday after unemployment claims pointed to a strong US jobs market that ... Published 03 Mar, 2023 07:30am
Markets Gold at one-week peak as dollar slides NEW YORK: Gold prices gained 1% on Wednesday as strong Chinese economic data dented the dollar and drove some bets... Published 02 Mar, 2023 06:23am
Business & Finance Dollar drops after recent gains NEW YORK: The dollar tumbled from a seven-week high on Monday, tracking declines in US Treasury yields, as investors... Published 28 Feb, 2023 07:12am
Business & Finance Dollar steady as data point to higher-for-longer US interest rates NEW YORK: The dollar was steady against its major peers on Thursday, as new data showed a still-tight US labor... Published 24 Feb, 2023 06:00am
Markets Copper poised for third straight weekly loss on weak Chinese demand LONDON: Copper prices were on track for a third consecutive weekly loss on Friday as Chinese demand remained weak ... Published 13 Feb, 2023 05:57am
Business & Finance Possible Fed could raise rates beyond December forecast: Powell NEW YORK: Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will... Published 02 Feb, 2023 04:51am
Business & Finance US Fed starts policy meeting with smaller rate hike likely WASHINGTON: US central bankers opened a two-day policy meeting Tuesday on rising expectations that they will slow... Published 31 Jan, 2023 09:16pm
Markets Dollar set for fourth monthly drop as Fed meeting looms SINGAPORE: The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in US interest rates... Published 31 Jan, 2023 09:44am
Markets Fed wants 'flexibility' on rates as inflation remains key focus, minutes show WASHINGTON: All officials at the Federal Reserve's Dec. 13-14 policy meeting agreed the U.S. central bank should ... Published 05 Jan, 2023 12:55am
Markets Dollar gains as US spending points to rate hikes; Aussie tumbles SINGAPORE: The dollar rebounded on Thursday as strong US retail data cast doubt on the recent narrative that... Published 17 Nov, 2022 10:40am
Business & Finance Sterling hits 3-month high LONDON: The pound hit three-month highs against the dollar on Tuesday, after last month’s US producer inflation... Published 16 Nov, 2022 05:50am
Markets Copper gains as US inflation data points to fewer rate rises LONDON: Prices of copper and other industrial metals rose sharply on Thursday after US data showed that underlying... Published 11 Nov, 2022 05:54am
Markets Wall St slides as Fed signals more interest rate hikes Wall Street's main indexes were on track to extend losses for a fourth straight session on Thursday as investors... Published 03 Nov, 2022 11:45pm
Markets Gold set for seventh monthly loss; Fed meeting in focus Gold prices were flat on Monday and headed for a seventh straight monthly loss, pressured by oversized US interest... Published 31 Oct, 2022 12:11pm
Opinion Debt rescheduling challenge The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing... Published 31 Oct, 2022 06:23am
Opinion As US Treasuries tumble, some investors say turning point is near Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness... Published 22 Oct, 2022 05:42am
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn