Asian currencies roasted by hot US inflation data BENGALURU: Most Asian currencies and stocks sold off on Friday, with equities in the Philippines set for their... Published 16 Mar, 2024 06:26am
Business & Finance Bank of England set to play for time before first rate cut LONDON: The Bank of England will probably keep investors guessing next week about when it is likely to start cutting... Published 15 Mar, 2024 11:36am
Markets Wall St eases as investors await inflation data NEW YORK: Wall Street’s main stock indexes slipped on Monday, as investors awaited key inflation data this week... Published 12 Mar, 2024 04:28am
Markets Oil prices slips amid concerns over Middle East, China demand LONDON: Global benchmark Brent slipped on Monday, dipping below $82 a barrel, as persistent geopolitical concerns in... Updated 11 Mar, 2024 06:03pm
Business & Finance Fed’s still expects rate cuts WASHINGTON: Continued progress on lowering inflation “is not assured” though the US Federal Reserve still ... Published 07 Mar, 2024 04:59am
Business & Finance US Fed’s progress against inflation ‘not assured’: Powell Economic outlook is uncertain, and ongoing progress toward our two percent inflation objective is not assured, says Fed chief Published 06 Mar, 2024 06:49pm
Markets Indian shares snap winning run on IT slide BENGALURU: Indian shares fell on Tuesday, snapping a four-session winning streak, dragged by information technology... Published 06 Mar, 2024 04:18am
Markets Gold advances to 3-month high BENGALURU: Gold prices hit a three-month peak on Monday, driven by increased bets for a June interest rate cut by ... Published 05 Mar, 2024 03:09am
Business & Finance Asian currencies tepid after soft US inflation BENGALURU: Asian currencies kept tight ranges while stocks were mixed on Friday, after data showed US inflation at a... Published 02 Mar, 2024 04:16am
Business & Finance Most Asian currencies set for monthly fall BENGALURU: Asian currencies were largely subdued on Thursday and were headed for monthly declines, while equities... Published 01 Mar, 2024 02:59am
Markets Gulf markets end mixed ahead of inflation tests DUBAI: Stock markets in the Gulf ended mixed on Monday on market views that higher-than-expected inflation could... Published 27 Feb, 2024 03:06am
Business & Finance Fed divided on risk of cutting rates too soon WASHINGTON: The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too... Published 23 Feb, 2024 06:36am
Markets Oil steadies as demand jitters counter Middle East conflict LONDON: Global oil benchmark Brent crude was little changed on Monday, hovering around $83 a barrel as festering... Updated 19 Feb, 2024 06:17pm
Markets Wall St muted after inflation data douses early rate-cut hopes NEW YORK: Wall Street’s main indexes were subdued on Friday after a hotter-than-expected producer prices report... Published 17 Feb, 2024 05:51am
Markets Gulf markets end mixed on earnings DUBAI: Stock markets in the Gulf ended mixed on Thursday, following a slew of upbeat corporate earnings, while... Published 16 Feb, 2024 06:02am
Business & Finance Dollar drops second straight session NEW YORK: The dollar fell for a second straight session on Thursday after a mixed batch of data showed that the US... Published 16 Feb, 2024 06:02am
Markets Australia shares rise on boost from banking stocks Australian shares rebounded on Thursday after three straight sessions, lifted by banking shares, while investors... Published 15 Feb, 2024 09:57am
Markets Dollar pauses as traders digest Fed comments; yen steady despite GDP surprise TOKYO: The US dollar held below a three-month high on Thursday, as market players tried to gauge when the Federal... Published 15 Feb, 2024 09:46am
Markets Dollar reigns supreme as hot CPI cools bets for Fed cuts TOKYO: The dollar traded near three-month highs to major peers on Wednesday as traders pushed back bets for a first... Published 14 Feb, 2024 10:06am
Markets Most Gulf markets gain ahead of US inflation data DUBAI: Most stock markets in the Gulf ended higher on Monday, ahead of US inflation data, which is being closely... Published 13 Feb, 2024 05:59am
Markets Oil little changed as demand concerns offset ME tensions NEW YORK: Oil futures were little changed on Monday as rising concerns about global demand caused the market to take... Published 13 Feb, 2024 05:59am
Markets S&P 500 opens above 5,000 mark after revised inflation data The benchmark S&P 500 opened firmly above the 5,000 mark on Friday after data pointed to minimal revisions in... Published 09 Feb, 2024 08:00pm
Markets Gold prices flat as traders await remarks from Fed officials Gold prices struggled for a clear direction on Wednesday, as traders awaited comments from a slew of Federal Reserve... Published 07 Feb, 2024 10:07am
Markets Dollar scales fresh peaks as Fed cut bets recede SINGAPORE: The dollar rose to an eight-week high against its major peers on Monday as traders clawed back bets for... Published 05 Feb, 2024 10:02am
Business & Finance Dollar jumps after strong jobs report NEW YORK: The US dollar index jumped to a seven-week high on Friday after data showed that employers added far more... Published 03 Feb, 2024 05:46am
Business & Finance US Fed rate decision could hold clues on timing of future cuts WASHINGTON: The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive... Published 31 Jan, 2024 08:15pm
Markets Stocks in Asia slip as China property sector worries weigh SINGAPORE: Asian shares fell on Tuesday, hurt by the court-ordered liquidation of property giant China Evergrande... Published 30 Jan, 2024 11:13am
Markets Dollar keeps tight ranges ahead of Fed, jobs data TOKYO: The dollar held narrow ranges against its major peers on Tuesday, as traders awaited the Federal Reserve’s... Published 30 Jan, 2024 09:55am
Business & Finance US Fed rate cuts become question of when, not if WASHINGTON: The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as... Published 28 Jan, 2024 11:07am
Markets Gold holds steady with spotlight on Fed verdict BENGALURU: Gold prices held steady on Friday as investors’ attention shifted to the US Federal Reserve’s policy... Published 28 Jan, 2024 02:43am