European shares rebound from one-month low; ECB rate verdict up next European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with... Published 10 Apr, 2024 10:14pm
Markets Copper retreats from highs after strong US inflation data LONDON: Copper prices reversed into the red on Wednesday and other metals pared gains after stronger than expected... Published 10 Apr, 2024 10:08pm
Markets Wall St battered as hot inflation data stymies rate-cut hopes Wall Street’s main stock indexes tumbled on Wednesday as investors turned risk averse after a... Published 10 Apr, 2024 09:07pm
Markets US yields spike after inflation report, 10-year hits 4.5% NEW YORK: U.S. Treasury yields spiked on Wednesday after inflation data came in higher than expected, lifting the... Updated 12 Apr, 2024 09:31am
World US consumer prices accelerate; seen delaying Fed rate cut Third straight month of strong consumer price readings followed on the heels of news last week that job growth accelerated in March Updated 12 Apr, 2024 09:28am
World US annual consumer inflation posts largest increase since 1981 WASHINGTON: U.S. annual consumer prices jumped 9.1% in June, the largest increase in more than four decades, leaving... Published 13 Jul, 2022 10:53pm
Business & Finance Dollar slips, euro gains as market awaits US CPI data NEW YORK: The dollar weakened and euro edged higher on Wednesday amid ongoing repricing of positions after the... Published 10 Feb, 2022 04:40am
Markets South African rand firms after in-line U.S. inflation data JOHANNESBURG: The South African rand firmed on Friday after U.S. inflation data came in line with expectations,... Published 10 Dec, 2021 10:54pm
Markets Hong Kong stocks rise HONG KONG: Hong Kong stocks rose on Thursday despite declines in most Asian markets, as Chinese property shares... Published 12 Nov, 2021 04:46am
Markets Wall St slides as hot consumer prices data fans inflation fears NEW YORK: Wall Street’s main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened ... Published 11 Nov, 2021 05:20am
Markets US MIDDAY: Gold leaps to 5-month peak NEW YORK: Gold led a rally in precious metals on Wednesday, rising as much as 2% to a five-month high as a surge in... Published 11 Nov, 2021 05:20am
Markets Wall St falls as hot consumer prices data fuels inflation worries Wall Street's main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened fears that high... Published 11 Nov, 2021 12:03am
Business & Finance Sterling shrugs off weaker-than-expected UK GDP LONDON: Sterling edged higher on Wednesday as traders shrugged off data showing weaker-than-expected economic growth... Published 14 Oct, 2021 04:14am
Markets U.S. yields fall after inflation shows signs of cooling NEW YORK: U.S. government bond yields fell on Tuesday after data showed consumer prices increased at their slowest... Published 15 Sep, 2021 12:14am
Markets Russian rouble hits near 2-month high versus euro, MOEX reaches record high The rouble-based MOEX Russian index was 0.2pc lower at 3,730.6 points, earlier reaching a record high of 3,752.80. Published 28 May, 2021 10:45pm
Markets Gold rebounds after strong U.S. inflation data, weaker dollar The U.S. dollar slipped to three-week lows after the data, making gold more appealing for holders of other currencies, while benchmark 10-year Treasury yields also ticked lower. Updated 14 Apr, 2021 12:01am