Asian shares surge on rate cut prospects INDONESIAN: Asian shares climbed on Thursday, buoyed by the prospect of impending US rate cuts despite uncertainty... Published 05 Apr, 2024 04:50am
World Hunger rises in Gaza as UN prepares to vote on ceasefire resolution CAIRO/UNITED NATIONS: Hunger was worsening among Palestinians in the besieged Gaza strip, aid agencies said, as the... Published 12 Dec, 2023 10:05am
Business & Finance US dollar falls NEW YORK: The dollar fell on Friday, after two days of gains, as Federal Reserve Chair struck a cautious tone on... Published 02 Dec, 2023 05:09am
Markets China’s yuan eases in thin trade, market awaits US jobs data for guidance SHANGHAI/SINGAPORE: China’s yuan eased against the dollar in thin trading on Friday, as many investors remained on... Published 07 Apr, 2023 10:21am
Markets Most Gulf markets in red DUBAI: Most stock markets in the Gulf ended lower on Monday, extending losses from the previous session as the... Published 14 Mar, 2023 03:18am
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
Markets Gulf markets rise on China demand optimism DUBAI: Gulf stock markets closed higher on Tuesday on expectations of economic recovery in the world’s second... Published 25 Jan, 2023 06:25am
Markets Dollar rises, yuan slumps as China’s COVID unrest spooks markets SINGAPORE: The dollar climbed on Monday as protests in China against the government’s anti-COVID policies made... Updated 28 Nov, 2022 11:23am
Markets China stocks end lower SHANGHAI: China stocks closed down on Thursday as a flare-up in domestic COVID-19 cases spurred concerns over more... Published 18 Nov, 2022 05:53am
Markets Bank of Japan sticks to easing despite yen pressure TOKYO: The Bank of Japan stuck to its ultra-loose monetary policies Friday, even as the yen comes under pressure... Published 28 Oct, 2022 10:46am
Print Fed to ‘keep pushing’ rates higher until clear inflation is falling WASHINGTON: The Federal Reserve will “keep pushing” to tighten US monetary policy until it is clear that... Published 18 May, 2022 05:54am
Business & Finance Fed wants to see US growth ‘moving down’: Fed’s Powell WASHINGTON: The US central bank wants to see economic growth slowing and “clear” evidence of inflation decelerating... Published 18 May, 2022 12:59am
Markets Saudi leads Gulf bourses lower on growth worries DUBAI: Saudi Arabia led Gulf stock markets lower on Tuesday as rising interest rates and lower economic growth... Published 11 May, 2022 04:58am
Markets Gold steadies as dollar, bond yields ease LONDON: Gold steadied on Wednesday, recouping some losses after hitting a near two-week trough, as the dollar and US... Published 21 Apr, 2022 05:26am
Markets Japan's Nikkei hits 3-week low on Fed, China worries TOKYO: Japan's Nikkei stock index fell to a three-week low on Thursday, as investors fretted over prospects of ... Published 07 Apr, 2022 10:47am
Markets European shares slump as US rate hike, sanctions anxiety weigh PARIS: European shares fell almost 2% on Wednesday, as investors grappled with the twin worries of aggressive US... Published 07 Apr, 2022 05:15am
Markets UK shares break 3-day winning streak on US rate hike worries Hawkish Fed view sparks selloff in equities Imperial Brands gains after H1 trading update Published 07 Apr, 2022 05:15am
Business & Finance Australia dollar off 10-month top, market bets the farm on June rate hike SYDNEY: The Australian dollar found broad support on Wednesday as the market narrowed the odds on a local rate hike... Published 07 Apr, 2022 05:15am
Markets Japanese stocks suffer TOKYO: Foreigners stepped up selling in Japanese shares last week, as concerns over inflation and expectations of a... Published 28 Jan, 2022 04:44am
Markets Tokyo stocks close lower on Ukraine concerns TOKYO: Tokyo stocks closed lower on Tuesday, with investors cautious over geopolitical risks linked to Ukraine and... Published 26 Jan, 2022 04:41am
Markets Tokyo stocks end lower following Wall Street TOKYO: Tokyo stocks closed lower on Tuesday after Wall Street shares ended mostly down on worries over a possible... Published 12 Jan, 2022 04:25am
Markets Some Wall Street banks see four US interest rate hikes this year Goldman Sachs expects the Federal Reserve to raise interest rates four times this year and begin the process of... Published 10 Jan, 2022 07:26pm
Markets Copper slips as Omicron restrictions power dollar LONDON: Copper prices snapped a three-day advance on Thursday as government restrictions to temper the spread of the... Published 10 Dec, 2021 04:29am
Markets Weak US jobs data a boon for stocks LONDON: Equities pushed higher on Friday after weak US jobs data reduced the likelihood of a quick tightening of US... Published 06 Dec, 2021 06:19am
Business & Finance Dollar rises from one-month low NEW YORK/LONDON: The dollar rose from a one-month low on Monday, ahead of central bank meetings and economic data... Published 26 Oct, 2021 04:39am
Markets European shares end flat LONDON: European stocks ended flat on Tuesday as investors held back from making big bets ahead of an update on US... Published 25 Aug, 2021 04:43am
Markets Dollar off 4-month high as cooling inflation eases pressure for Fed Mundy expects a taper announcement in September if jobs data for August remains strong Published 12 Aug, 2021 11:00am
Business & Finance Dollar jumps to highest this week NEW YORK/LONDON: The dollar doubled an earlier gain on Friday after a US government report showed jobs grew more ... Published 07 Aug, 2021 04:01am
Markets Copper hovers near 6-week highs as markets await the Fed LONDON: Copper prices sat near six-week highs on Wednesday as investors waited for details from a Federal Reserve... Published 29 Jul, 2021 04:48am
Markets S&P ends higher • BofA slips as low interest rates hurt lending business • American Airlines up on positive forecast NEW YORK:... Published 16 Jul, 2021 04:34am