Yen weak versus dollar, euro ahead of busy central bank week HONG KONG: The Japanese yen was on the back foot on Monday, ahead of a busy policy-focused week in which inflation... Published 06 Jun, 2022 10:53am
Markets Dollar wavers as traders await US jobs update SINGAPORE: The dollar wobbled toward its first steady week in three on Friday as traders looked to US jobs data... Published 03 Jun, 2022 09:52am
Markets Euro snaps recent run of losses, Swiss franc rallies on inflation surge LONDON: The euro and the yen rose on Thursday, reversing some recent losses against the US dollar, while the Swiss... Published 02 Jun, 2022 01:07pm
Markets China’s yuan eases as investors expect higher cash injection in June SHANGHAI: China’s yuan touched a near one-week low against a firmer dollar on Thursday, dampened by investor... Published 02 Jun, 2022 11:59am
Markets Rising US yields help dollar higher HONG KONG: The dollar hit a three-week high against the yen in early trade on Wednesday and was holding firm against... Published 02 Jun, 2022 10:26am
Markets Dollar hits two-week peak to yen amid US yield rise TOKYO: The dollar rose to a two-week high versus the yen on Wednesday, lifted by higher Treasury yields as global... Updated 01 Jun, 2022 01:25pm
Markets China's yuan eases, set for third straight monthly loss SHANGHAI: China's yuan eased against the dollar on Tuesday, as better-than-expected factory manufacturing data and... Published 31 May, 2022 12:08pm
Markets Euro edges down but set for largest monthly gain in a year HONG KONG: The euro gave back some of its recent gains on Tuesday, but was still set for its best month in a year as... Published 31 May, 2022 10:05am
Markets Dollar resumes slide as stock markets tentatively pick up LONDON: The US dollar resumed its backward slide on Monday as risk appetite across markets tentatively strengthened,... Updated 30 May, 2022 05:48pm
Markets Australia, NZ dollars keep rally going as data-fest looms SYDNEY: The Australian and New Zealand dollars were looking to extend a two-week rally on Monday as investors cut... Published 30 May, 2022 10:02am
Markets China reopening hopes lift yuan to one-week high SHANGHAI: China’s yuan strengthened on Monday as the dollar drifted lower on diminished expectations that rate rises... Published 30 May, 2022 09:53am
Business & Finance Japan remains top creditor nation TOKYO: Japan’s net external assets hit a record 411 trillion yen ($3.24 trillion) in 2021, to retain its position... Published 28 May, 2022 05:11am
Markets Rouble extends losses after rates slashed; Eurobonds in focus The Russian rouble extended its losses on Friday after plunging the previous session as the central bank slashed... Published 27 May, 2022 01:49pm
Markets Sterling heads for second weekly gain after UK household support plan LONDON: Britain’s pound looked set for a second weekly rise and was close to a one-month high on Friday, helped by a... Published 27 May, 2022 01:33pm
Markets Versus major peers: Dollar sinks to one-month low amid easing Fed rate hike bets TOKYO: The U.S. dollar sank to a one-month low versus major peers on Friday as traders lowered Federal Reserve rate... Updated 27 May, 2022 11:28am
Markets China’s yuan firms in volatile trade, economic slowdown concerns linger SHANGHAI: China’s yuan firmed against a weakening dollar on Friday, after swinging sharply between gains and losses,... Published 27 May, 2022 10:20am
Markets Japan rubber futures inch lower SINGAPORE: Japanese rubber futures inched lower on Wednesday, as a firmer yen limited demand and made ... Published 26 May, 2022 05:26am
Markets Sterling falls to a more than one-week low versus euro LONDON: Britain’s pound fell to a more than one-week low against a strengthening euro on Tuesday but was little... Published 24 May, 2022 02:26pm
Markets Safe-haven dollar bounces, Aussie slides as Snapchat sours mood TOKYO: The safe-haven dollar clawed back some of its overnight losses on Tuesday and the yen also strengthened as US... Published 24 May, 2022 09:39am
Markets Dollar wobbles lower as China growth hopes lift Aussie SINGAPORE: The dollar began the week on the back foot, following its first weekly loss in nearly two months, as... Published 23 May, 2022 10:48am
Markets Australian dollars unfazed by new govt, NZ$ looks forward to rate hike SYDNEY: The Australian and New Zealand dollars swung higher on Monday as global stock markets started the week in a... Published 23 May, 2022 10:33am
Markets China’s yuan extends gains as Shanghai gradually reopens SHANGHAI: China’s yuan extended gains against the dollar on Monday following its best week in nearly 1-1/2 years,... Published 23 May, 2022 09:44am
Markets China’s yuan set for best week in a year, snapping six weeks of losses SHANGHAI: China’s yuan eased on Friday but still looked set for its biggest weekly gain in a year, snapping six... Published 20 May, 2022 11:42am
Business & Finance Dollar retreats as yen, Swiss franc draw safe-haven flows NEW YORK: The dollar fell across the board on Thursday, dipping to a 2-week low, extending its pullback from a... Published 20 May, 2022 05:15am
Markets Euro rises with focus on ECB tightening path, Swiss Franc rises The euro rose on Thursday as investors priced in the chance of an aggressive near-term tightening path by the... Published 19 May, 2022 03:28pm
Markets China’s yuan softens as data shows foreigners sold bonds in April SHANGHAI: China’s yuan slipped against the dollar on Wednesday, pulling back after notching its biggest daily gain... Published 18 May, 2022 10:26am
Markets BOJ deputy vows to maintain monetary stimulus despite price pressures TOKYO: The Bank of Japan must maintain current monetary stimulus to create sustainable increases in prices,... Published 17 May, 2022 11:12am
Markets Turkish lira weakens for 8th day to near 15.6 against dollar ISTANBUL: The Turkish lira slid to near 15.6 against the dollar on Monday, slipping for the eighth consecutive... Updated 16 May, 2022 03:28pm
Markets Yuan near 20-month low as economic gloom overshadows easing lockdowns SHANGHAI: China’s yuan hovered just off a 20-month low against the dollar on Monday, as much weaker-than-expected... Published 16 May, 2022 11:34am
Markets Dollar perched at 2-decade high on weak China data LONDON: The US dollar consolidated gains near a two-decade peak on Monday as poor Chinese economic data hurt... Updated 16 May, 2022 12:59pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?