Markets UK’s FTSE slides to 1-mo low as Fed dampens mood ahead of BoE UK’s main FTSE 100 stock index dropped 1% and revisited its near one-month low on Thursday, as the US Federal... Published 19 Dec, 2024 03:46pm
Markets Forint edges towards 2-year lows after Fed, crown weakens before central bank meeting BUDAPEST: Hungary’s forint led losses on Thursday in Central Europe, easing half a percent close to new 2-year lows... Published 19 Dec, 2024 03:44pm
World No winners in potential US-EU trade war except China, EU’s Kallas says BRUSSELS: There would be no winners in a potential trade war between the United States and the European Union except... Published 19 Dec, 2024 03:39pm
Markets Ugandan shilling stable on sluggish activity KAMPALA: The Ugandan shilling was flat on Thursday, with both dollar demand and supply being sluggish, traders said.... Published 19 Dec, 2024 03:36pm
Markets US 10-year yields hit fresh 6-1/2-month high after the Fed US 10-year Treasury yields rose to a fresh 6-1/2-month high on Thursday after the Federal Reserve flagged a slower... Published 19 Dec, 2024 03:35pm
Sports Keshav Maharaj out of Pakistan ODIs, doubt for crucial Test series CAPE TOWN: First choice spinner Keshav Maharaj has been ruled out of the remaining two One-Day Internationals... Published 19 Dec, 2024 02:31pm
World France says bird flu-free after month without outbreaks PARIS: France has declared itself to be free of highly pathogenic avian influenza in the absence of new outbreaks... Published 19 Dec, 2024 02:30pm
Business & Finance Investors trim bets again on Bank of England rate cuts in 2025 LONDON: Investors reduced further their bets on how quickly the Bank of England will cut interest rates next year... Published 19 Dec, 2024 02:28pm
Markets Euro zone bond yields jump after Fed decision Euro zone bond yields jumped on Thursday, a day after the US Federal Reserve cut interest rates as expected but... Published 19 Dec, 2024 02:27pm
Business & Finance India antitrust body raids Pernod, AB InBev in liquor industry crackdown, sources say NEW DELHI: India’s antitrust body has raided some offices of alcohol giants Pernod Ricard and Anheuser-Busch InBev... Published 19 Dec, 2024 02:25pm
Markets JGB yields retreat as BOJ stands pat, Ueda strikes dovish tone TOKYO: Japanese government bond yields retreated from session peaks on Thursday after Bank of Japan Governor Kazuo... Published 19 Dec, 2024 02:22pm
World Labour shortages ease in Germany’s economy, survey shows BERLIN: Fewer German companies than in the previous year are struggling to fill vacancies due to labour shortages,... Published 19 Dec, 2024 02:21pm
Technology France fines Electrolux $46mn in 2009-2014 antitrust case STOCKHOLM: Electrolux said on Thursday it had been fined 44.5 million euros ($46.3 million) by the French... Published 19 Dec, 2024 02:17pm
Markets Pound rocked by tough-talking Fed ahead of BoE decision LONDON: Sterling inched higher on Thursday as it recovered some of its steep losses suffered late on Wednesday when... Published 19 Dec, 2024 02:15pm
Markets European stocks tumble after Fed’s hawkish signal European stocks tumbled on Thursday, on course for their biggest percentage drop in five weeks, as investors fled... Published 19 Dec, 2024 02:14pm
Markets Russian rouble firms against dollar ahead of Putin’s annual live event MOSCOW: The Russian rouble strengthened slightly against the US dollar on Thursday ahead of President Vladimir... Published 19 Dec, 2024 02:13pm
Markets Asian currencies, stocks slide as Fed signals slower rate cuts Emerging Asian stocks tumbled to multi-month lows on Thursday while currencies weakened against a strong dollar, as... Published 19 Dec, 2024 02:11pm
Markets Japan offers buys 77,220 tons of food wheat via tender TOKYO: Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 77,220 metric tons of... Published 19 Dec, 2024 02:09pm
Markets Kenyan shilling steady; remittance inflows meet demand NAIROBI: The Kenyan shilling was steady on Thursday, with inflows from remittances matching importer demand for... Published 19 Dec, 2024 02:08pm
World China calls Pentagon report on Chinese military corruption ‘irresponsible’ BEIJING: China’s foreign ministry urged the United States to stop issuing “irresponsible reports” after the Pentagon... Published 19 Dec, 2024 02:07pm