World markets plunge on growing recession fears LONDON: Stock markets tumbled, the pound crashed against the dollar and oil prices slumped Friday on growing... Published 26 Sep, 2022 06:07am
Business & Finance China’s yuan ends near 28-month low SHANGHAI: China’s yuan finished the domestic trading session at a near 28-month low on Friday and looked set for... Published 26 Sep, 2022 06:07am
Business & Finance US yields ease NEW YORK: Treasury yields retreated on Friday after FedEx Corp’s warning of an accelerating global demand slowdown... Published 19 Sep, 2022 05:45am
Opinion US Treasury traders switch strategies as liquidity problems worsen Investors in the $23 trillion US Treasury market are slicing up orders and switching to more easily traded issues,... Published 01 Sep, 2022 05:50am
World US warns of sanctions against Turkey over Russia ties ISTANBUL: Turkey’s top business association has confirmed receiving a letter from the US Treasury warning of... Published 25 Aug, 2022 06:09am
World US warns of sanctions against Turkey over Russia ties ISTANBUL: Turkey's top business association has confirmed receiving a letter from the US Treasury warning of... Published 24 Aug, 2022 04:46pm
Business & Finance US 10-year note flirts with 3pc yield after German inflation scare NEW YORK: US Treasury yields rose on Friday with the benchmark 10-year note nearly hitting 3% after Germany reported... Published 22 Aug, 2022 06:33am
World US funnels another $4.5bn to Ukraine through WB WASHINGTON: The World Bank on Monday announced it was mobilizing another $4.5 billion in US-provided financial... Published 09 Aug, 2022 03:37am
Markets Gold gains as dollar, yields slip; focus on US inflation data NEW YORK: Gold prices rose on Monday following a pullback in the dollar and US Treasury yields, while investor focus... Published 09 Aug, 2022 03:37am
Markets JGB yields track US peers higher after strong US jobs data TOKYO: Japanese government bond (JGB) yields rose on Monday, tracking US Treasury peers that rose sharply in the... Published 08 Aug, 2022 10:44am
World US sanctions Putin ‘girlfriend,’ other oligarchs WASHINGTON: The United States blacklisted Russian President Vladimir Putin’s purported girlfriend and the tycoon... Published 04 Aug, 2022 07:25am
Business & Finance Indian rupee surges MUMBAI: The Indian rupee hit more than a five-week high on Tuesday, as under-hedged exporters dashed to cover their... Published 03 Aug, 2022 04:55am
Business & Finance US yields edge lower as recession fears persist NEW YORK: Treasury yields at the long end drifted lower on Friday after data on labor costs and wage growth ... Published 01 Aug, 2022 05:54am
Markets US MIDDAY: Gold accelerates NEW YORK: Gold rose more than 1% on Thursday as a contraction in the US economy boosted its safe-haven allure and... Published 29 Jul, 2022 06:14am
Markets Gold stalls as pre-Fed verdict jitters grip investors NEW YORK: Gold prices were stuck in a narrow range on Tuesday, as lower Treasury yields amid lingering recession ... Published 27 Jul, 2022 05:23am
Opinion Banks’ snubbing of junk-rated loan funds worsens financing logjam A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies... Published 20 Jul, 2022 05:48am
Business & Finance US yields moderately lower NEW YORK: US Treasury yields were modestly lower on Friday as the market reassessed expectations over the Federal... Published 18 Jul, 2022 06:22am
World G20 talks overshadowed by Ukraine war as host Indonesia seeks consensus NUSA DUA, (Indonesia): G20 finance leaders meeting in Bali must make progress tackling the global economic threats... Published 16 Jul, 2022 04:20am
World US Treasury announces additional $1.7bn aid to Ukraine WASHINGTON: The United States Treasury announced Tuesday it will send an additional $1.7 billion in economic aid to... Published 12 Jul, 2022 08:51pm
Business & Finance US Treasury yields plunge as market prices lower inflation NEW YORK: US Treasury yields tumbled on Friday and the benchmark 10-year note fell the most since COVID-19 roiled... Published 04 Jul, 2022 06:17am
Business & Finance Euro zone bond yields plunge, spreads tighten amid recession fears LONDON: Euro zone bond yields tumbled on Friday as traders shrugged off a record inflation reading and instead... Published 04 Jul, 2022 06:17am
Markets JGB yields track US peers higher, equities rally weigh TOKYO: Japanese government bond yields rose on Monday, tracking US Treasury peers, while a rally in domestic... Published 27 Jun, 2022 11:23am
Business & Finance Yields edge higher, Fed rate path in focus NEW YORK: US Treasury yields edged higher on Friday and held just above two-week lows reached on the previous day as... Published 27 Jun, 2022 06:06am
Business & Finance China’s yuan set for first weekly gain in three SHANGHAI: China’s yuan inched up against the dollar on Friday, poised for the first weekly gain in three, as... Published 27 Jun, 2022 06:06am
Business & Finance Treasuries Yields close volatile week near their lows NEW YORK: US Treasury yields held at lower levels on Friday after a volatile week that saw yields hit more than... Published 20 Jun, 2022 05:51am
Markets Gold eases on firm dollar, yields as inflation test looms LONDON: Gold edged lower on Wednesday as the dollar and US Treasury yields gained in the run-up to the last ... Published 09 Jun, 2022 06:18am
Markets Gold firms as economic jitters take centre stage LONDON: Gold prices rose on Tuesday on investor concern over the economic fallout of aggressive policy tightening by... Published 08 Jun, 2022 06:19am
Markets US yields rise to 2-week highs after solid payrolls data NEW YORK: US Treasury yields rose to two-week highs on Friday after data showed the world’s largest economy ... Published 06 Jun, 2022 05:57am
Markets Dollar stronger as inflation worries dampen risk sentiment NEW YORK: The U.S. dollar rose across the board on Tuesday as Treasury yields climbed and worries over a further... Published 31 May, 2022 09:05pm
Business & Finance Yields fall, but pop briefly on inflation data NEW YORK: Benchmark US Treasury yields fell on Friday but briefly bounced off session lows after data showed that... Published 30 May, 2022 05:53am