Top Fed official sees rates rising and staying high WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle... Published 22 Apr, 2023 03:38am
Markets Oil rises on Chinese demand but European rate hike fears weigh NEW YORK: Oil rose on Thursday on signs of a strong economic rebound in top crude importer China, but fears over the... Updated 03 Mar, 2023 07:33am
Markets China stocks fall as Sino-US tensions rise SHANGHAI: China stocks fell on Monday as elevated Sino-US geopolitical tensions dented investor sentiment in a... Published 07 Feb, 2023 07:22am
Business & Finance Dollar jumps after ‘monster’ job report NEW YORK: The dollar jumped on Friday after data showed that US employers added significantly more jobs in January... Published 06 Feb, 2023 07:18am
Markets European shares end lower but log January gain PARIS: Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh round of interest rate hikes from top... Published 01 Feb, 2023 07:26am
Markets Gold set for third monthly rise on softer dollar NEW YORK: Gold prices on Tuesday were on track for their third straight monthly gain, helped by an overall weaker... Published 01 Feb, 2023 07:22am
Business & Finance Loan demand falls as higher interest rates bite: ECB FRANKFURT: Demand for loans is falling in the eurozone as households and businesses grapple with higher borrowing... Published 01 Feb, 2023 07:06am
Business & Finance WTO chief warns world edging into ‘global recession’ GENEVA: The World Trade Organization’s chief said Tuesday she believes the world is heading towards a global... Published 28 Sep, 2022 05:51am
Markets Wall Street cuts losses following Fed minutes NEW YORK: US stocks sharply pared losses in afternoon trading on Wednesday after minutes from the Federal ... Published 18 Aug, 2022 05:27am
Markets European shares tick higher; Aegon shines on forecast raise PARIS: European shares edged higher on Thursday after a strong rally in the previous session on signs of US ... Published 12 Aug, 2022 05:44am