Gold jumps to record high on rate bets, weaker US dollar Gold scaled another high on Wednesday, boosted by a softer US dollar and hopes of more interest rate cuts, while... Published 25 Sep, 2024 10:30am
Markets India bond yields dip as bulls take charge, reversing early rise MUMBAI: Indian government bond yields dipped slightly on Thursday, reversing an early rise as traders resumed bond... Published 19 Sep, 2024 10:16am
Business & Finance Dollar dips ahead of Powell comments NEW YORK: The dollar retreated from earlier highs on Monday ahead of comments from Federal Reserve Chair Jerome... Published 16 Jul, 2024 06:43am
Markets Asia stocks rally, bond yields fall as investors assess Fed outlook TOKYO: Asian equities rallied on Thursday, while bond yields slid, as investors weighed cooling US inflation against... Published 13 Jun, 2024 10:00am
Markets Australia, NZ dollars bow to yen strength, gain ground on dollar SYDNEY: The Australian and New Zealand dollars are headed for heavy weekly losses on the yen but gained ground on... Published 03 May, 2024 11:24am
Markets Wall Street gains on Fed’s dovish signals NEW YORK: Wall Street’s main indexes advanced on Thursday, a day after the Federal Reserve left interest rates... Published 03 May, 2024 06:29am
Business & Finance US Fed likely to keep rates steady as hopes of early cuts fade WASHINGTON: The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday,... Updated 01 May, 2024 07:51pm
Markets Japan’s Nikkei edges lower as investors await Fed decision TOKYO: Japan’s Nikkei share average fell in the morning session on Wednesday, with traders maintaining a cautious... Published 01 May, 2024 11:24am
Opinion Gold price surges to record high The “DOT PLOT”, which predicts three interest rate decreases in 2024, remains intact despite Fed Chairman... Updated 22 Mar, 2024 05:33am
Markets Gold holds in tight range ahead of Fed verdict, Powell speech Gold prices were stuck in a tight range on Wednesday as traders prepared for a key policy decision from the US... Published 20 Mar, 2024 10:26am
Markets Yen gains as bets firm for imminent rate hike; sterling slides TOKYO: The yen strengthened against the dollar on Monday as signs the Bank of Japan will exit negative interest... Published 11 Mar, 2024 09:24am
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
Markets Gold holds tight range as traders await US data for more Fed cues Gold prices were stuck in a narrow trading range on Tuesday as investors awaited more US economic data this week... Published 19 Dec, 2023 10:08am
Markets Dollar takes a dive after Fed signals rate cuts next year TOKYO: The dollar was under pressure on Thursday after the Federal Reserve’s latest economic projections indicated... Published 14 Dec, 2023 09:35am
Business & Finance Powell says Fed to move ‘carefully’ on interest rates ATLANTA: The risks of the Federal Reserve moving too far with interest rate hikes, and slowing the economy more than... Published 04 Dec, 2023 05:35am
Markets Asia stocks turn lower, gold jumps as oil slips SYDNEY: Asian shares slipped on Monday ahead of potentially market-moving inflation data from the United States and... Published 27 Nov, 2023 10:24am
Business & Finance Dollar dips on growing bets Fed rate hikes are over NEW YORK: The US dollar fell to an almost eight-week low against the euro on Monday on growing confidence that the... Published 07 Nov, 2023 06:33am
Business & Finance Dollar drops after Fed’s Powell hints at June pause NEW YORK: The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance,... Published 22 May, 2023 06:23am
Markets Treasury bills squeezed as debt ceiling deadline looms SINGAPORE: Short-dated Treasury bills were under pressure on Tuesday and the cost of insuring against a US default... Published 02 May, 2023 10:31am
Markets Fed delivers small rate hike, says 'some additional' tightening possible Raises interest rates by a quarter of a percentage point Published 22 Mar, 2023 11:13pm
Markets US Fed to balance banking woes, inflation in next rate decision WASHINGTON: US central bankers face an unenviable task when they gather in Washington next week: tackling persistent... Updated 19 Mar, 2023 12:19pm
Markets Wall Street Week Ahead: Inflation data awaited by markets hit by worries about Fed, banks NEW YORK: A critical inflation report next week will test a US stock market already consumed by worries over Federal... Published 13 Mar, 2023 06:15am
Markets Global bank shares sink over US fears PARIS: The world’s biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender... Published 10 Mar, 2023 03:31pm
World Slower, but still solid US job growth expected in February WASHINGTON: US job growth likely slowed to a still-solid pace in February, with the unemployment rate expected to... Published 10 Mar, 2023 12:43pm
Markets Wall St gains as rate hike jitters ease ahead of payrolls report NEW YORK: Wall Street’s main indexes rose on Thursday after a jump in weekly jobless claims soothed worries about... Published 10 Mar, 2023 03:46am
Markets China stocks drop on hawkish Fed stance HONG KONG: Hong Kong stocks slumped, while China shares fell slightly on Wednesday after US Federal Reserve Chair... Published 09 Mar, 2023 06:23am
Markets S&P 500 inches higher with focus on jobs data NEW YORK: The S&P 500 edged up on Wednesday after Federal Reserve Chair Jerome Powell did not commit to a 50... Published 09 Mar, 2023 06:23am
Markets European shares rise on upbeat cues from Powell PARIS: European shares rose on Wednesday, lifted by positive cues from US Federal Reserve Chair Jerome Powell’s... Published 09 Feb, 2023 06:02am
Business & Finance US dollar skids from 1-month peak after Powell’s speech NEW YORK: The dollar fell from one-month highs on Tuesday after US Federal Reserve Chair Jerome Powell doubled down... Published 08 Feb, 2023 06:10am
Markets New Zealand dollar slips on signs of cracks in labour market SYDNEY: The New Zealand dollar slipped on Wednesday after data showed signs of loosening in the tight labour market,... Published 01 Feb, 2023 09:25am