Dollar gains against yen, eases against euro NEW YORK: The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be... Published 17 Oct, 2023 05:51am
Markets Oil prices gain on weaker US dollar NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling US dollar, hopes for higher... Published 12 Jul, 2023 06:39am
Technology Elon Musk’s vow to hold on to Tesla stock fails to soothe investors Tesla Inc shares touched a fresh two-year low in volatile trading on Friday as boss Elon Musk’s promise to not sell... Published 23 Dec, 2022 09:18pm
Markets US Treasury prices rise modestly in low liquidity trading session NEW YORK: US Treasury prices rose marginally on Friday amid low liquidity after falling early in the day in reaction... Published 28 Nov, 2022 05:48am
Markets Gold prices slip NEW YORK: Gold prices slipped on Monday, weighed down by a firm dollar and elevated US bond yields, while... Published 25 Oct, 2022 05:51am
Markets Gold loses lustre NEW YORK: Gold prices slipped on Thursday as a firmer dollar took the sheen of the greenback-priced metal, with... Published 30 Sep, 2022 05:52am
Markets Gold gains on dollar pullback after weak US data NEW YORK: Gold rose on Tuesday, snapping six straight sessions of losses, helped by a pullback in the dollar and... Published 24 Aug, 2022 05:08am
Markets Global stocks mostly fall amid central bank concerns NEW YORK: European and US stocks mostly fell Friday, with investors focused firmly on central bank interest rate... Published 22 Aug, 2022 06:33am
Markets Gold gains more than 1pc as US dollar, yields pull back LONDON: Gold prices jumped more than 1% on Thursday as a pullback in US Treasury yields and the dollar bolstered the... Published 05 Aug, 2022 06:27am
Business & Finance Yen sinks to fresh 24-year low vs US dollar LONDON/NEW YORK: The Japanese yen plunged against the US dollar on Tuesday to its lowest level since October 1998, ... Published 22 Jun, 2022 05:58am
Markets Central banks walk inflation-recession tightrope PARIS: Central banks have ramped up their battle against runaway inflation, a necessary remedy that could have the... Published 19 Jun, 2022 10:28am
Markets Gold firms with focus on US inflation data, cenbank cues LONDON: Gold inched up on Monday, led by a slight pullback in the dollar, with investors watching out for US... Published 07 Jun, 2022 05:47am
Markets China stocks fall despite end of Shanghai lockdown SHANGHAI: China stocks edged lower on Wednesday, as excitement fades about Shanghai coming out of lockdown amid... Published 02 Jun, 2022 06:19am
Markets Gold, palladium retreat from highs as risky assets stabilize LONDON: Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback,... Published 10 Mar, 2022 06:30am
Markets Oil resumes rally as Russia-Ukraine tensions stay high NEW YORK: Oil prices rallied more than 2% on Wednesday, resuming its upward path as investors weighed conflicting... Published 17 Feb, 2022 06:37am
Markets European shares edge lower PARIS: European shares ended slightly lower on Thursday as rising bond yields and weak results from France’s Atos... Published 11 Feb, 2022 04:31am
Markets Gold slips as yields edge up, Fed rate hikes loom Gold prices retreated on Thursday, as U.S. Treasury yields drifted higher with the Federal Reserve likely to stay on... Published 13 Jan, 2022 10:56pm
Markets LNG, coal lead 2021 commodities rally as markets eye COVID-19 for next move SINGAPORE: Commodity prices from energy and metals to agricultural products rebounded sharply in 2021, with power... Published 31 Dec, 2021 10:14am
Markets Asia stocks, crude oil retreat as Omicron worries weigh TOKYO: Asian stocks weakened with crude oil in holiday-thinned trading on Monday, as uncertainty over the economic... Updated 27 Dec, 2021 12:34pm
Markets US MIDDAY: Gold steadies NEW YORK: Gold prices traded in a tight range on Tuesday as investors’ attention turned to US inflation data due... Published 08 Dec, 2021 06:22am
Markets Gold rides Fed wave to weekly gain NEW YORK: Gold prices gained on Friday as they shrugged off stronger-than-expected monthly jobs data, and the... Published 06 Nov, 2021 03:57am
Markets Gold edges up after Friday's drop, investors await Fed meeting Gold edged higher on Monday as some investors bought the metal following a steep price drop in the previous session,... Published 01 Nov, 2021 11:19am
Markets Oil gains as traders await stocks data, Iran talks TOKYO: Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally driven by ... Published 26 Oct, 2021 11:01am
Business & Finance Aussie slips, yen gains as risk sentiment sours NEW YORK: Risk sensitive currencies including the Australian dollar slipped on Thursday and the safe-haven Japanese... Published 22 Oct, 2021 04:13am
Markets Gold firms NEW YORK: Gold prices edged higher in a tight range on Monday, as a risk-off sentiment in equity markets buoyed the... Published 19 Oct, 2021 03:52am
Markets US MIDDAY: Gold slips as dollar rally eclipses stagflation worries NEW YORK: Gold prices edged lower on Monday, weighed by a rallying dollar on bets the US Federal Reserve would not... Published 12 Oct, 2021 04:44am
Markets Oil settles near 3-year high ahead of OPEC+ meeting Oil settled above $78 a barrel on Friday, just shy of a three-year high reached earlier this week, on expectations... Updated 02 Oct, 2021 01:34am
Markets Oil prices slide as US storm threat wanes NEW YORK: Oil prices edged lower on Thursday, falling from a multi-week high a day earlier on profit taking and as... Published 17 Sep, 2021 03:52am
Markets Oil rises to six-week high as US supply concerns NEW YORK: Oil prices rose to six-week highs on Monday as US output remains slow to return two weeks after Hurricane... Published 14 Sep, 2021 03:55am
Markets Oil rallies to $73 on tight U.S. supplies, Biden-Xi call NEW YORK: Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the... Published 10 Sep, 2021 10:50pm