Asia’s gasoline margin rises NEW DELHI: Asia’s gasoline crack extended gains on Thursday after crude oil prices tumbled and stocks at key... Published 01 Apr, 2022 05:41am
Markets Yuan briefly hits 2-week high but sluggish PMIs, COVID weigh SHANGHAI: China’s yuan briefly touched a two-week high against the dollar before giving back all its gains on... Published 31 Mar, 2022 11:11am
Markets Euro holds at one-month high, yen set for worst month since 2016 HONG KONG: The euro held at a one-month high against the dollar on Thursday, having rallied on hopes the war in... Published 31 Mar, 2022 11:06am
Markets Sterling hits three-month low versus euro on Ukraine peace talks LONDON: The British pound fell to its weakest level against the euro in over three months on Wednesday but rose... Published 30 Mar, 2022 02:19pm
Markets Yen pulls back from precipice as traders fear intervention SINGAPORE: The battered yen bounced on Wednesday as traders began doubting whether Japanese authorities would... Published 30 Mar, 2022 11:30am
Markets Hopes of peace in Ukraine keep euro afloat SINGAPORE: The dollar was kept on the back foot on Wednesday as hopes for a breakthrough in Russia-Ukraine peace... Published 30 Mar, 2022 11:28am
Business & Finance Yuan touches two-week low SHANGHAI: China’s yuan weakened on Monday to a near two-week low against the dollar, as investor sentiment soured... Published 29 Mar, 2022 05:49am
Markets Sterling edges higher versus euro, falls against dollar Sterling edged higher versus the euro on Monday, with investors focusing on the Bank of England’s next moves to tame... Published 28 Mar, 2022 01:27pm
Markets Asia FX pressured as Shanghai imposes lockdown, stocks mixed Most Asian currencies fell further into the red on Monday, as China’s reimposition of a lockdown in Shanghai weighed... Published 28 Mar, 2022 11:10am
Markets Yen back under pressure as BOJ steps in bitcoin takes a leap HONG KONG: The Japanese yen resumed its slide on Monday morning, after the Bank of Japan stepped into the market to... Published 28 Mar, 2022 09:37am
Business & Finance Yuan firms, but hawkish Fed, capital outflows haunt Chinese assets SHANGHAI: The yuan firmed against the dollar on Friday, recouping lost ground for the week, though the Chinese... Published 28 Mar, 2022 05:29am
Markets Prices of Dalian steelmaking raw materials drop BEIJING: Prices for steelmaking ingredients on China’s Dalian Commodity Exchange dropped on Tuesday as latest... Published 24 Mar, 2022 05:36am
Markets China’s yuan eases, shrinking yield premium drags swaps to lowest since 2020 SHANGHAI: China’s yuan eased against a firmer dollar on Tuesday, after the Federal Reserve Chair Jerome Powell said... Published 22 Mar, 2022 12:04pm
Markets Hawkish Powell pushes yen past 120 barrier SINGAPORE: The yen fell through the psychological 120 level for the first time since 2016 on Tuesday, after a... Published 22 Mar, 2022 10:18am
Markets Australia, NZ dollars hit pause as bond markets punished SYDNEY: The Australian and New Zealand dollars took a step back on Tuesday as an uber-hawkish outlook for US... Published 22 Mar, 2022 10:16am
Markets China’s yuan eases on weaker fixing, COVID disruption fears SHANGHAI: China’s yuan eased slightly against the dollar on Monday, after a weaker-than-expected midpoint fixing and... Published 21 Mar, 2022 11:45am
Markets Australia, NZ dollars in buoyant mood as funds flow out of yen SYDNEY: The Australian and New Zealand dollars were near their highs for the year so far on Monday as high bond... Published 21 Mar, 2022 11:42am
Markets Yen starts week on back foot, with central bank policies in focus HONG KONG: The yen extended its decline on Monday and the euro and sterling came under pressure, with investors... Published 21 Mar, 2022 11:40am
Markets Dalian iron ore gains on China stimulus optimism MANILA: Chinese iron ore futures scaled a one-week high on Friday and were set for a fourth consecutive weekly gain,... Published 20 Mar, 2022 06:04am
Markets Yuan weakens before Biden-Xi talks, worries over China’s economy nag SHANGHAI: China’s yuan weakened against the US dollar on Friday, amid US warnings to China, should it support... Published 18 Mar, 2022 11:26am
Markets Shanghai aluminium jumps over 3% on supply concerns, stimulus hopes Aluminium prices in Shanghai jumped more than 3% on Friday, as coronavirus-induced restrictions in key producer... Published 18 Mar, 2022 11:15am
Markets Dollar in doldrums amid Ukraine hopes, traders weigh Fed’s rate plans TOKYO: The US dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week... Published 18 Mar, 2022 10:02am
Markets Iron ore bounces off 2-week low, but China’s Covid surge caps gains MANILA: Benchmark Dalian and Singapore iron ore futures rebounded on Wednesday from two-week lows, buoyed by hopes ... Published 18 Mar, 2022 05:20am
Markets Sterling climbs ahead of expected BoE rate hike LONDON: The British pound gained on Thursday as investors prepared for an expected interest rate rise from the Bank... Published 17 Mar, 2022 03:33pm
Markets China stocks extend gains on government pledges of support, Ukraine peace hopes SHANGHAI: China shares rose on Thursday, extending a jump from the previous session after the country’s top... Published 17 Mar, 2022 12:13pm
Markets Yen left behind as Fed begins hiking SINGAPORE: The yen was pinned to a six-year low on the dollar on Thursday, as a US rate hike and hawkish outlook... Published 17 Mar, 2022 12:12pm
Markets Yuan advances after Fed rate hike, investors hope for more China stimulus SHANGHAI: China’s yuan advanced against an easing dollar on Thursday after the US Federal Reserve hiked interest... Published 17 Mar, 2022 12:08pm
Markets Dollar near 5-year peak to yen before Fed; Aussie weak amid China risks TOKYO: The dollar traded near a five-year high against the yen on Wednesday as investors awaited a Federal Reserve... Published 16 Mar, 2022 10:02am
Markets Australia, NZ dollars on edge for uber-hawkish Fed SYDNEY: The Australian and New Zealand dollars were still smarting from recent losses on Wednesday amid worries... Published 16 Mar, 2022 10:00am
Markets Sterling holds at $1.30 as jobs data fuels rate hike bets LONDON: Sterling rose against the dollar on Tuesday as strong jobs data supported the prospect of a Bank of England... Published 15 Mar, 2022 03:33pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?