Swiss franc rallies broadly after 25-bp SNB rate cut The Swiss franc strengthened on Thursday after the Swiss National Bank (SNB) cut its benchmark rate for a third time... Published 26 Sep, 2024 01:49pm
Markets Dollar firm following sharp rebound as Fed speakers eyed TOKYO: The dollar held firm on Thursday following its sharpest rally since early June as traders looked ahead to... Published 26 Sep, 2024 09:56am
Markets Dollar firm as inflation data douse bets for big Fed rate cut TOKYO: The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US... Published 12 Sep, 2024 09:54am
Markets Yen, Swiss franc near highs amid US slowdown fears; sterling swoons TOKYO: The safe-haven Japanese yen and Swiss franc traded near multi-month highs against the dollar on Friday after... Published 02 Aug, 2024 10:05am
Business & Finance Dollar rebounds from multi-month lows NEW YORK: The US dollar rallied on Tuesday after falling overnight to its lowest against the euro, sterling and ... Published 05 Jun, 2024 08:02am
Markets Dollar firm ahead of global inflation data SINGAPORE: The dollar made a steady start to the week, as investors were focused on US, European and Japanese... Published 27 May, 2024 09:36am
Business & Finance Swiss franc, yen pare gains NEW YORK: The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signalled that it has no... Published 20 Apr, 2024 04:18am
Markets Swiss franc hits strongest against dollar since Jan 2015 LONDON: The Swiss franc hit its strongest against the dollar in nearly nine years on Friday, with the haven currency... Published 22 Dec, 2023 02:56pm
World Singapore, Zurich world’s most expensive cities HONG KONG: Singapore and Zurich tied for the world’s most expensive city this year, followed by Geneva, New York and... Updated 30 Nov, 2023 03:21pm
Markets Yuan drags dollar to fresh lows SINGAPORE: The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as... Published 21 Nov, 2023 10:05am
Markets Asia shares slip on Middle East woes, higher yields SYDNEY: Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment... Published 23 Oct, 2023 10:17am
Business & Finance Dollar tumbles LONDON/NEW YORK: The dollar dropped to a two-month low against a major currency index, after Federal Reserve... Published 12 Jul, 2023 06:39am
Markets Swiss franc grapples with safe-haven identity crisis after Credit Suisse LONDON: The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse collapse, as investors... Published 24 Mar, 2023 02:07pm
Business & Finance Dollar gains in safe-haven buying NEW YORK: The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the... Published 16 Mar, 2023 06:01am
Markets Swiss National Bank reports annual loss of 132.5bn Swiss francs ZURICH: The Swiss National Bank reported on Monday an annual loss of 132.5 billion Swiss francs ($141.54 billion),... Published 06 Mar, 2023 01:57pm
Markets Yen, Swiss franc gain on China concerns, dollar drops NEW YORK: The safe-haven Swiss franc and Japanese yen gained on Monday, while the Aussie dollar and Chinese yuan... Published 28 Nov, 2022 08:26pm
Business & Finance Pound strengthens LONDON: The British pound rose against the dollar and euro on Monday, pulling away from two-week lows as risk... Published 05 Jul, 2022 05:19am
Business & Finance Swiss franc soars vs dollar, euro NEW YORK: The Swiss franc soared against the dollar and the euro on Thursday after the Swiss National Bank delivered... Published 17 Jun, 2022 06:37am
Business & Finance Dollar retreats as yen, Swiss franc draw safe-haven flows NEW YORK: The dollar fell across the board on Thursday, dipping to a 2-week low, extending its pullback from a... Published 20 May, 2022 05:15am
Business & Finance Euro tumbles vs major currencies, dollar jumps NEW YORK/LONDON: The euro fell against major currencies and the US dollar rallied on Friday as worries increased ... Published 05 Mar, 2022 04:10am
Markets Ukraine war sends euro below $1.10 for first time in two years LONDON: The euro fell on Friday below $1.10 for the first time in almost two years and hit a fresh seven-year low... Published 04 Mar, 2022 06:05pm
Markets Euro tries to recover after tumbling on Russian invasion of Ukraine HONG KONG: The euro was struggling to recover from its plunge the previous day in early Asia trading on Friday, ... Published 25 Feb, 2022 11:35am
Markets Swiss National Bank increases annual profit as stock markets boom ZURICH: The Swiss National Bank expects to make a profit of around 26 billion Swiss francs ($28.22 billion) for ... Published 07 Jan, 2022 12:04pm
Business & Finance Dollar falls; yen, Swiss franc gain in post-Omicron gyrations NEW YORK: The U.S. dollar fell on Wednesday morning in trading that saw the safe-haven yen and Swiss franc ... Published 02 Dec, 2021 03:57am
Business & Finance Yen, Swiss franc gain as Covid variant dents risk appetite NEW YORK: News of a coronavirus variant potentially resistant to current vaccines sent investors dashing for the... Published 27 Nov, 2021 05:08am
Business & Finance Early trade: Dollar languishes, other safe haven currencies shine NEW YORK/LONDON: The US dollar languished again on Tuesday, particularly against the Swiss franc and Japanese yen, ... Published 04 Aug, 2021 04:14am
Markets Dollar languishes, other safe haven currencies shine amid Delta caution Dollar under pressure vs. safe-haven currencies Swiss franc gains on dollar and euro Delta variant fears sap risk appetite Updated 03 Aug, 2021 08:48pm
Markets Delta virus fears support safe-haven currencies, A$ up after RBA That lifted the Australian dollar 0.5% to $0.7400 as some investors had expected it delay its action Published 03 Aug, 2021 11:07am
Business & Finance Dollar, yen gain as Delta variant weighs on risk sentiment • Aussie, Canadian, NZ dollar fall vs greenback • Dollar supported by risk aversion Published 20 Jul, 2021 04:14am
Business & Finance Swiss franc marches against euro in Europe LONDON: The euro hit a five-month low against the Swiss franc on Thursday, and the US dollar nursed losses after... Published 16 Jul, 2021 04:34am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points