European shares post quarterly loss as markets await French elections PARIS: European shares gave up early gains to close lower on Friday as a drop in shares of beauty giant L’Oreal... Published 29 Jun, 2024 06:40am
Markets European shares clock weekly declines as rate-cut euphoria fades PARIS: European shares logged weekly declines on Friday, as investors tempered their expectations around major... Published 20 Jan, 2024 05:18am
Business & Finance 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
Markets Australian shares post best monthly gain in 3 years SYDNEY: Australian shares closed lower in thin trading on Friday but posted a yearly gain, helped by a rally in... Published 01 Jan, 2024 05:40am
Markets China stocks drop as stimulus optimism fades HONG KONG: China’s blue-chip stocks hit a near 4-year low on Wednesday, as investors are gradually losing hopes ... Published 21 Dec, 2023 03:54am
Business & Finance Goldman Sachs, J.P.Morgan cut UK’s 2023 growth forecast to 0.5% Goldman Sachs and J.P.Morgan on Wednesday lowered their forecast for Britain’s annual economic growth to 0.5%, as... Published 13 Dec, 2023 02:47pm
Business & Finance J.P.Morgan raises UK’s 2024 GDP growth forecast to 0.4% J.P.Morgan on Wednesday raised UK’s economic growth forecast to 0.4% from 0.2% expected earlier. JPMorgan Chase... Published 23 Nov, 2023 11:53am
Markets BAFL partners with JP Morgan KARACHI: Bank Alfalah and J.P. Morgan Payments have come together to form a strategic engagement to empower... Published 16 Nov, 2023 05:39am
Markets J.P.Morgan, Goldman Sachs expect Canada central bank to hold rates next week J.P.Morgan and Goldman Sachs now expect the Bank of Canada to keep policy rates unchanged at 5% for the second... Published 18 Oct, 2023 12:19pm
Markets China stocks slip amid mixed holiday data SHANGHAI: China stocks closed slightly lower on Monday as trading resumed following a long holiday and as mixed... Published 10 Oct, 2023 06:19am
Markets European stocks have strongest day in 6 months PARIS: European shares notched up their biggest percentage gain in six months on Thursday after the European Central... Published 15 Sep, 2023 06:32am
Technology Apple targets raising India production share to up to 25% NEW DELHI: Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister... Published 23 Jan, 2023 02:09pm
Markets China stocks rise SHANGHAI: China stocks rose on Tuesday, as the country took a major step to reopen its economy to the rest of the... Published 28 Dec, 2022 04:12am
Markets J.P.Morgan cuts 2023 S&P 500 earnings forecast by 9% J.P.Morgan on Thursday cut its 2023 earnings forecast for S&P 500 companies, citing weaker demand and pricing... Published 01 Dec, 2022 01:09pm
Markets J.P.Morgan sees global bond yields dipping in 2023 Global bond yields will likely fall slightly in 2023 as the balance between demand and supply will improve by $1... Published 25 Nov, 2022 07:15pm
Technology Apple says it will manufacture iPhone 14 in India NEW DELHI: Apple Inc said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some... Published 26 Sep, 2022 04:30pm
Technology Apple may move a quarter of iPhone production to India by 2025: J.P.Morgan analysts Apple Inc may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech ... Published 21 Sep, 2022 05:09pm
Markets Iron ore set for weekly fall MANILA: Iron ore prices fell in morning trade on Friday and headed for weekly losses on renewed concerns over demand... Published 11 Jun, 2022 06:04am
Markets Japanese shares rise TOKYO: Japanese shares rose on Wednesday, boosted by a rally in automakers after an analyst report gave positive... Published 02 Jun, 2022 06:19am
Markets FTSE 100 slips on inflation worries LONDON: UK’s blue chip index fell on Wednesday as data showed inflation jumped 9% last month, fuelling fresh... Published 19 May, 2022 05:29am
Markets Japan’s Nikkei ends at 2-week low TOKYO: Japan’s Nikkei share average closed at a two-week low on Wednesday, tracking Wall Street declines ... Published 28 Apr, 2022 05:37am
Markets Rolls-Royce, defensives drag down UK’s blue-chip index LONDON: The UK’s top share index closed down on Tuesday as bearish brokerage calls on companies like Rolls Royce... Published 13 Apr, 2022 06:03am
Markets Wall Street edges lower on Omicron worries; Fed meeting awaited NEW YORK: US stocks edged lower on Monday on lingering worries about the Omicron variant ahead of a Federal... Published 14 Dec, 2021 06:40am
Business & Finance Bitcoin hovers below peak, doubts linger over boost from US ETF LONDON/HONG KONG: Bitcoin hovered on Thursday below its all-time high struck a day earlier after the launch of the... Published 22 Oct, 2021 04:13am
Markets Energy stocks, homebuilders boost FTSE 100; DH Smith slumps Britain's central bank is set to meet later this week to discuss its massive bond-buying program after inflation surged past its 2pc target in May. Published 22 Jun, 2021 11:19pm
Opinion Early or late cycle? Fast-running bull market unnerves investors Will history’s longest-ever bull market be followed by one of the shortest? It’s been just over a year since a... Published 28 May, 2021 04:08am
Markets Major Gulf markets gain; Qatar falls DUBAI: Most major stock markets in the Gulf ended higher on Monday as financial shares rose, while the Qatari index... Published 18 May, 2021 05:05am
Markets Saudi index leads Gulf markets higher DUBAI: Most major stock markets in the Gulf ended higher on Monday in thin trade ahead of Eidul-Fitr holidays, with... Published 11 May, 2021 04:39am
Print Malaysia sues Deutsche Bank, JP Morgan, Coutts over 1MDB KUALA LUMPUR: Malaysia's now-defunct 1MDB state fund is suing units of Deutsche Bank, J.P. Morgan and Coutts & ... Updated 11 May, 2021 10:18am
Markets U.S. sanction fears send Russian rouble to 2021 low, batter OFZ bonds The rouble was little changed on the day at 76.36 against the dollar as of 1515 GMT after hitting 76.98, its weakest since mid-November. Published 24 Mar, 2021 11:55pm
Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs