Wall Street rebounds on megacaps boost NEW YORK: Wall Street’s main indexes reversed course and rose on Friday following a boost from megacap stocks, ... Published 07 Oct, 2023 06:01am
Business & Finance Dollar posts minor gains after mixed US jobs report NEW YORK: The dollar erased earlier losses and edged higher against the euro and Japanese yen on Friday after the... Published 04 Sep, 2023 06:21am
Business & Finance US dollar gains broadly NEW YORK: The US dollar firmed across the board on Tuesday, garnering safe-haven bids, after a disappointing set of... Published 09 Aug, 2023 05:33am
Markets Asian FX trades in tight range, Philippine peso at 3-week low Emerging Asian currencies were trading cautiously on Friday ahead of a key US jobs report that may provide clues on... Published 04 Aug, 2023 10:07am
Markets Tin bounces, other metals gain after US data LONDON: Tin prices rebounded on Thursday following a mining ban in part of the world’s third largest tin miner,... Published 04 Aug, 2023 06:20am
World US layoffs fall to lowest level in nearly a year American employers announced fewer layoffs in July than the year before, marking the first year-over-year decrease... Published 03 Aug, 2023 06:01pm
Business & Finance Republican debt-limit plan would cut US jobs, slow growth, economist tells Senate panel WASHINGTON: A Republican plan to cut federal spending in exchange for lifting the US government’s debt ceiling... Published 08 May, 2023 06:40am
Markets Gold falls below $2,000 as US jobs growth lifts dollar NEW YORK: Gold fell below the key $2,000 level on Monday as the dollar advanced on Friday’s strong US jobs ... Published 11 Apr, 2023 03:44am
Business & Finance US hiring eases in March as economy shows signs of cooling WASHINGTON: US job gains eased in March for a second straight month, government data showed Friday, adding to signs... Published 10 Apr, 2023 06:45am
Markets Wall Street Week Ahead: Inflation data awaited by markets hit by worries about Fed, banks NEW YORK: A critical inflation report next week will test a US stock market already consumed by worries over Federal... Published 13 Mar, 2023 06:15am
World US job cuts over Jan-Feb hit highest since 2009: report Layoffs by US companies over January and February touched the highest since 2009, with the tech sector accounting... Published 09 Mar, 2023 05:48pm
Markets European shares subdued as strong US jobs data fan worries PARIS: European shares were muted on Wednesday as better-than-expected employment data from the US fanned worries... Published 09 Mar, 2023 06:23am
Opinion Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Markets China stocks fall as Sino-US tensions rise SHANGHAI: China stocks fell on Monday as elevated Sino-US geopolitical tensions dented investor sentiment in a... Published 07 Feb, 2023 07:22am
Markets Indian shares fall on rate fears, Adani rout BENGALURU: Indian shares fell on Monday, dragged by tech after a strong US jobs report renewed fears of the Federal... Published 07 Feb, 2023 06:07am
Markets Indian shares begin year with weekly losses on earnings BENGALURU: Indian shares began 2023 with weekly losses, with investors nervous ahead of the earnings season after... Published 09 Jan, 2023 06:01am
Business & Finance US job growth strong in Nov WASHINGTON: US employers hired more workers than expected in November and increased wages despite mounting worries ... Published 05 Dec, 2022 06:56am
Markets Copper hits highest rates in over two weeks LONDON: Copper prices jumped to their highest in over two weeks on Friday in a volatile session as investors cheered... Published 04 Dec, 2022 03:37am
World US hiring slows in September as unemployment rate dips WASHINGTON: Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked back... Published 07 Oct, 2022 07:03pm
Markets Gold falls NEW YORK: Gold prices dropped on Thursday, pressured by strength in the dollar and Treasury yields, while investors... Published 07 Oct, 2022 05:59am
Markets Asian markets mixed as US jobs offset by recession fears HONG KONG: Asian markets were mixed Monday as the positive vibes from a US jobs report were offset by growing fears... Published 05 Sep, 2022 10:13am
Business & Finance Safe haven dollar eases as risk appetite lifted by jobs data NEW YORK: The dollar eased on Monday, giving back some of the gains it made following Friday’s blockbuster US jobs... Published 09 Aug, 2022 03:37am
World US job growth beats expectations; unemployment rate steady at 3.6% WASHINGTON: US employment increased more than expected in May, while the unemployment rate held steady at 3.6%,... Published 03 Jun, 2022 05:46pm
Markets FTSE 100 slips ahead of long weekend as ex-dividend stocks weigh LONDON: UK stocks edged lower on Wednesday ahead of an extended public holiday weekend, as ex-dividend trading... Published 02 Jun, 2022 06:19am
World US economy unexpectedly contracts in first quarter WASHINGTON: US economic growth unexpectedly contracted in the first quarter as a resurgence in COVID-19 cases... Published 28 Apr, 2022 08:20pm
Markets Dow edges higher after solid March US jobs data NEW YORK: US equity indices edged higher early Friday following a solid US jobs report for March that was seen as... Published 01 Apr, 2022 07:53pm
Markets Wall Street Week Ahead; Inflation data next focus for investors after bond yield spike NEW YORK: Wild swings in stocks and a sharp run-up in government bond yields are putting the spotlight on next... Published 07 Feb, 2022 05:22am
Markets European stocks retreat after positive start, oil surges LONDON: European equities retreated from a positive start Friday as investors await key US jobs data after being... Published 07 Feb, 2022 05:22am
World Record 4.5 million Americans quit jobs in November WASHINGTON: The number of Americans voluntarily quitting their jobs surged to a record 4.5 million in November, a... Published 05 Jan, 2022 12:37am
Business & Finance Dollar holds gains NEW YORK: The dollar rose on Friday after the release of a weaker-than-expected US jobs report, which still showed... Published 04 Dec, 2021 04:23am