Dollar poised for weekly gain as rate cut hopes fade NEW YORK: The US dollar advanced on Friday and was poised for a weekly gain, as recent economic data and comments... Published 20 Jan, 2024 05:18am
Business & Finance Most Asian currencies decline after hawkish Fed rhetoric BENGALURU: Most Asian currencies extended a sell-off on Wednesday, with the South Korean won and Malaysian ringgit... Published 18 Jan, 2024 05:54am
Business & Finance Indian rupee ends lower MUMBAI: The Indian rupee ended lower on Wednesday, pressured by likely equity outflows and as the US dollar index... Published 18 Jan, 2024 05:54am
Markets Nasdaq rises as long-term Treasury yields retreat NEW YORK: The Nasdaq rose on Wednesday as easing long-term US Treasury yields boosted megacap stocks, while ... Published 12 Oct, 2023 05:57am
Markets Qatar stock market ends lower DUBAI: Qatar’s stock market ended lower on Sunday as comments from two US Federal Reserve officials curtailed... Published 19 Jun, 2023 06:55am
World Fed's Waller sees no sign of 'quick' decline in inflation WASHINGTON: Inflation seems poised to continue slowing this year but the U.S. central bank's battle to reach its 2%... Published 08 Feb, 2023 11:50pm
Markets US Fed official favors smaller rate hike in February WASHINGTON: There is ample evidence that a steep climb in interest rates has dampened demand and economic activity,... Published 20 Jan, 2023 11:45pm
Markets Nasdaq leads Wall Street downwards NEW YORK: Wall Street’s main indexes slipped on Monday, with the tech-heavy Nasdaq down about 1%, as hawkish... Published 15 Nov, 2022 05:52am
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
Print Fed official signals willingness to hike interest rates full percentage point Believes US economy can avoid downturn due to strong job market Updated 15 Jul, 2022 10:40am
Markets Wall St slides 1pc as strong factory data fans fears of aggressive rate hikes NEW YORK: US stocks fell in volatile trade on Wednesday after strong factory activity and job openings data stoked... Published 02 Jun, 2022 06:19am
Markets Wall St falls on inflation fears; Powell-Biden talks in focus NEW YORK: US stocks fell on Tuesday as soaring oil prices and hawkish comments from a Federal Reserve official... Published 01 Jun, 2022 05:53am
Business & Finance Biden, Fed chair discuss US inflation at White House WASHINGTON: President Joe Biden on Tuesday holds a rare White House meeting with the head of the Federal Reserve,... Published 01 Jun, 2022 05:53am
Business & Finance Fed’s Waller backs 50 bps rate hikes until “substantial” reduction in inflation FRANKFURT: The U.S. Federal Reserve should be prepared to raise interest rates by a half percentage point at every... Published 30 May, 2022 10:45pm