European shares rise on bets of easing rate hikes PARIS: European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer... Published 12 Jan, 2023 07:11am
Business & Finance Dollar, euro rangebound NEW YORK: The dollar was little changed on Wednesday versus the euro and other major currencies as traders held off... Published 12 Jan, 2023 07:06am
Markets Gold off 8-month highs as markets brace for data NEW YORK: Gold prices eased from an eight-month peak on Wednesday as investors positioned themselves ahead of US... Published 12 Jan, 2023 07:01am
Markets Copper rises above $9,000 for first time since June LONDON: Copper prices rose above $9,000 a tonne on Wednesday for the first time since June on hopes that Chinese... Published 12 Jan, 2023 06:59am
Opinion Investors count on bonds to rescue battered 60/40 portfolio in 2023 Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible US recession... Published 22 Dec, 2022 05:57am
Print US teetering on brink of recession as GDP contracts in 2Q WASHINGTON: The US economy unexpectedly contracted in the second quarter, with consumer spending growing at its... Published 29 Jul, 2022 06:14am
Business & Finance S&P 500 wobbles to the end of its worst first-half since 1970 NEW YORK: Wall Street slid into the finish line of a dismal month and quarter on Thursday as a continued sell-off... Updated 01 Jul, 2022 09:27am
Markets Most Asian currencies ease, record COVID cases weaken South Korean won Most Asian currencies eased on Monday as strong US jobs growth data reinforced expectations for Federal Reserve... Published 07 Feb, 2022 11:39am
Markets Currencies stabilise as worst Omicron fears recede The dollar hovered on Tuesday above the one-week low against major peers it hit last week, as fears eased that the... Published 30 Nov, 2021 09:40am