ECB hawks press case for more rate hikes to fight dogged inflation FRANKFURT: The European Central Bank (ECB) will likely need to raise interest rates further to tame persistent... Published 19 Mar, 2023 03:33am
Business & Finance US rate hikes could slow 'as soon as' December: Fed chair WASHINGTON: The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome... Published 01 Dec, 2022 12:43am
Business & Finance German bond yields set for first weekly fall since May LONDON: Safe-haven German bond yields were set for their first weekly fall since mid-May on Friday after growth ... Published 27 Jun, 2022 06:06am
Business & Finance US Fed chair admits recession a ‘possibility’ after rate hikes WASHINGTON: The US economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation... Published 22 Jun, 2022 08:42pm
Business & Finance Sterling set for its biggest weekly rise since Dec 2020 vs dollar LONDON: Sterling was set for its biggest weekly gain since December 2020 against a weakening dollar as the latest... Published 23 May, 2022 06:15am
Business & Finance CPPA-G seeks electricity hike of Rs4.05 per unit National Electric Power Regulator Authority will hold a public hearing on May 31 to seek justification on the proposed raise. Published 20 May, 2022 01:13pm
Markets KSE-100 stages recovery, but still ends 0.62% lower Index had at one point lost 885 points in intra-day trading Updated 28 Apr, 2022 05:13pm
Business & Finance Investors expect Bank of Canada shift to half-percentage-point rate hikes TORONTO: As Canada’s inflation outlook worsens, investors are betting the country’s central bank will begin... Updated 30 Mar, 2022 07:31am