Australia’s jobs market comes off the boil, rate cuts still elusive SYDNEY: Australia’s employment growth slowed in October after a strong run, but the jobless rate stayed low and... Published 14 Nov, 2024 11:14am
Markets Dollar hits one-month peak to yen as Fed seen taking time with rate cuts TOKYO: The dollar rose to a one-month high versus the yen on Thursday as robustness in the US jobs market backed the... Published 03 Oct, 2024 10:14am
Markets Dollar firm on Powell caution, kiwi bides time before rates decision TOKYO: The dollar was on the front foot on Wednesday having rebounded from a three-week low after Federal Reserve... Published 10 Jul, 2024 09:57am
Markets Dollar on the defensive after soft data, little relief for yen TOKYO: The dollar was on the back foot on Thursday after US economic data continued to point to slowing growth,... Published 04 Jul, 2024 09:56am
Markets Yen rallies on hints of BOJ policy shift SINGAPORE: The yen extended its towering rally on Friday and marched toward its best week against the dollar in... Published 08 Dec, 2023 10:06am
Markets China’s yuan weakens on persistent property sector woes SHANGHAI: China’s yuan weakened on Thursday against the US dollar, following data that showed persistent weakness in... Published 16 Nov, 2023 10:21am
Markets Yen’s fall toward multi-decade lows keeps markets on intervention watch SINGAPORE: The battered yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a... Published 14 Nov, 2023 09:59am
Markets Oil prices decline HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain... Published 06 Oct, 2023 03:03am
Markets Oil steadies as China fears counter tight US supply Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed... Updated 16 Aug, 2023 09:23pm
Markets Dollar struggles before payrolls test; Aussie rebounds TOKYO: The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key... Published 04 Aug, 2023 09:47am
Markets Euro staggers as traders wary of hawkish ECB; dollar gains SINGAPORE: The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc’s... Published 25 Jul, 2023 10:02am
Print Industrial consumers: PLL, SSGC may be allowed to auction off unutilized capacity of LNG ISLAMABAD: The government is likely to allow Pakistan LNG Limited (PLL) and Sui Southern Gas Company (SSGC) to... Updated 25 Jul, 2023 10:04am
Markets Yuan slides after China cuts lending benchmarks; Aussie down SINGAPORE: The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian... Published 20 Jun, 2023 09:27am
Markets Dollar dips ahead of US inflation data, central bank meetings SINGAPORE: The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious... Published 13 Jun, 2023 09:51am
Markets Oil prices rise on bargain hunting as demand worries weigh LONDON: Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s... Updated 13 Jun, 2023 07:24pm
Markets Oil leaps $4/bbl as OPEC+ surprises by cutting output target BENGALURU: Oil prices jumped by more than $4 a barrel on Monday, headed for its biggest daily rise in nearly a year... Updated 03 Apr, 2023 10:13pm
Markets Oil rises on US crude draw, Iraqi supply risks LONDON: Oil prices rose on Thursday as a surprise drop in US crude stockpiles and a halt in exports from Iraq’s... Updated 30 Mar, 2023 06:18pm
Markets Oil rises on demand hopes as banking fears ease LONDON: Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support... Updated 17 Mar, 2023 05:02pm
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
Markets Dollar cautiously firm ahead of busy central bank week SINGAPORE: The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central... Published 30 Jan, 2023 09:40am
Markets Tokyo shares jump after US rallies TOKYO: Tokyo stocks marked a three-day winning streak Tuesday as investors took heart from rallies on Wall Street... Updated 24 Jan, 2023 12:39pm
Markets Yen surges on BOJ policy shift speculations; dollar slides to seven-month low SINGAPORE: The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over... Published 16 Jan, 2023 10:33am
Markets Dalian, Singapore iron ore futures down MANILA: Dalian and Singapore iron ore futures slipped on Tuesday, with traders curbing optimism about China’s... Published 14 Dec, 2022 05:57am
Markets Japan’s yen jumps on suspected BOJ intervention, fails to keep gains SINGAPORE: The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early... Published 24 Oct, 2022 09:44am
Markets Global rice supplies at risk as harsh weather hits top exporters SINGAPORE/MUMBAI: Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is... Published 05 Aug, 2022 03:01pm
Markets Asian markets extend rally as rate hike fears subside HONG KONG: Asian markets rallied again Monday, building on last week’s advances and following a strong performance... Published 28 Jun, 2022 06:10am
Business & Finance Australia, NZ dollars pause for breath SINGAPORE: The Australian and New Zealand dollars were knocked from three-week highs on Tuesday as renewed global... Published 01 Jun, 2022 05:53am
Markets Tokyo stocks open lower with eyes on US Fed's minutes TOKYO: Tokyo stocks opened lower on Wednesday, extending US falls as investors awaited minutes from a US Federal... Published 06 Apr, 2022 12:01pm
Markets Asian markets drop as Ukraine fears return, oil extends losses HONG KONG: Asian markets fell Friday following a steep drop on Wall Street fuelled by renewed fears that Russia will... Published 18 Feb, 2022 11:08am
Print Three banks join initiative for voluntary carbon market platform LONDON: Three more banks have joined an initiative to develop a new platform for settling transactions of voluntary... Published 16 Feb, 2022 06:20am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points