South African rand slips JOHANNESBURG: The South African rand slipped on Friday after US data suggested a big Federal Reserve interest rate... Published 09 Sep, 2024 07:24am
Markets Wall Street edges lower as focus shifts to payrolls data NEW YORK: Wall Street’s three main indexes slipped in choppy trading on Thursday as a short-lived boost from a... Published 06 Sep, 2024 08:20am
Business & Finance Dollar treads water ahead of US payrolls data NEW YORK: The dollar was little changed against most majors on Thursday in choppy trading after economic data ... Published 06 Sep, 2024 08:17am
World Trump says US president should have say over monetary policy PALM BEACH, (United States): Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve... Published 10 Aug, 2024 06:51am
Markets Gold heads for best week in five on Fed rate pause bets NEW YORK: Gold eased on Friday on a stronger dollar and higher yields, but was set for its best week since early May... Published 12 Jun, 2023 06:26am
Business & Finance Dollar gains before Fed meeting, inflation data NEW YORK: The dollar bounced off two-week lows on Friday as investors awaited inflation data and the Federal... Published 12 Jun, 2023 06:26am
Markets Euro to the fore as hawkish hike looms SINGAPORE: The dollar was on the back foot and the euro climbed on Tuesday, as regional bank jitters had traders... Published 25 Apr, 2023 10:13am
Markets One-month Treasury yields fall to Oct. lows as debt ceiling worries grow NEW YORK: One-month Treasury yields fell to their lowest levels since October on Monday as investors appeared to ... Published 25 Apr, 2023 06:25am
Markets Gold holds tight range as traders brace for fresh economic cues NEW YORK: Gold steadied on Monday, helped by a weaker dollar, although prices were stuck in a tight range as traders... Published 25 Apr, 2023 06:25am
Markets UAE bourses end higher on hope of Fed rate hike pause DUBAI: Stock markets in the United Arab Emirates (UAE) ended higher on Monday on the expectation that the US Federal... Published 25 Apr, 2023 06:25am
Markets Tesla drives Nasdaq lower ahead of tech earnings NEW YORK: The Nasdaq led Wall Street losses on Monday as Tesla shares came under pressure on the company’s plans ... Published 25 Apr, 2023 06:25am
Business & Finance Euro rises, yen weakens ahead of BOJ meeting LONDON/NEW YORK: The euro gained while the Japanese yen fell on Monday in thin trading ahead of a closely watched... Published 25 Apr, 2023 06:25am
Markets Bank shares lift European stocks to over one-year high PARIS: European shares hit their highest in over a year on Friday and ended their fourth straight week in the green,... Published 17 Apr, 2023 06:41am
Business & Finance Dollar firmer NEW YORK: The dollar strengthened on Thursday after unemployment claims pointed to a strong US jobs market that ... Published 03 Mar, 2023 07:30am
Business & Finance Walmart gets cautious on economic outlook NEW YORK: Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether... Published 27 Feb, 2023 07:40am
Opinion Ending the assault of austerity and procyclical policy stance ‘The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt, and climate shocks... Published 23 Dec, 2022 05:54am
Print Fed raises rates by half percentage point, sees economy nearing stall WASHINGTON: The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least... Published 15 Dec, 2022 06:00am
Print Oil falls nearly 3pc after data raises Fed interest rate worries NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised... Published 06 Dec, 2022 05:58am