Fed keeps policy rate outlook intact WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but US central bank... Published 20 Mar, 2025 05:30am
World Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump Federal Reserve leaves policy rate in 4.25%-4.50% range Published 19 Mar, 2025 11:21pm
Markets Dollar bounces on rise in yields as trade war roils markets SINGAPORE: The dollar rebounded slightly on Thursday thanks to a rise in US Treasury yields, though currencies... Published 13 Mar, 2025 09:19am
Business & Finance Dollar slips after inflation, consumer data NEW YORK: The US dollar edged lower on Friday following two straight days of gains, after a reading on inflation was... Published 01 Mar, 2025 06:28am
Markets Over 9-year low: Inflation in Pakistan clocks in at 2.4% in January 2025 Pakistan’s headline inflation clocked in at 2.4% on a year-on-year basis in January 2025, a reading below that of... Updated 03 Feb, 2025 10:44pm
World Fed holds rates steady, drops reference to inflation ‘progress’ from policy statement WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and gave little insight into when further... Published 30 Jan, 2025 12:23am
Business & Finance Trump’s economic plans could cause inflation: IMF WASHINGTON: Donald Trump’s economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief... Published 18 Jan, 2025 05:45am
Markets Gold hits one-month high NEW YORK: Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core US... Published 17 Jan, 2025 02:56am
Markets Iron ore higher on lower shipments, softer dollar BEIJING: Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a... Published 17 Jan, 2025 02:56am
Markets Corn, soybeans steady near multi-month highs CANBERRA/PARIS: Chicago corn and soybean futures edged higher on Wednesday to trade near multi-month highs as... Published 16 Jan, 2025 03:04am
Markets Gold firms as dollar, yields slip; US inflation data looms NEW YORK: Gold prices firmed on Wednesday as the US dollar and Treasury yields retreated, while market participants... Published 16 Jan, 2025 03:04am
Business & Finance Dollar rises towards highest in over 2 years, euro up, yen falls NEW YORK: The dollar rose towards its highest level in more than two years on Tuesday as strong economic data led... Published 15 Jan, 2025 02:59am
Markets Wall St Week Ahead: Inflation report could rattle markets after bond yields climb NEW YORK: US inflation data in the coming week could test the nerves of stock investors and further inflame worries... Published 13 Jan, 2025 03:06am
Markets Nikkei tracks Wall Street lower amid US inflation woes TOKYO: Japan’s Nikkei share average fell on Wednesday, tracking overnight declines in Wall Street after a batch of... Published 09 Jan, 2025 07:40am
World Inflation, elections and war dominated 2024 Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up... Published 23 Dec, 2024 08:57am
Markets Wall Street higher as cooling inflation eases rate-cut fears NEW YORK: Wall Street’s main indexes jumped in volatile trading on Friday as a cooler-than-expected inflation... Published 21 Dec, 2024 08:24am
World US Fed cuts rate by quarter-point in third straight reduction WASHINGTON: The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of... Published 19 Dec, 2024 12:13am
Business & Finance Fed may cut rates in last meeting of Biden era WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on... Published 16 Dec, 2024 06:08am
Business & Finance US consumer inflation rises to 2.7% in November WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, according to government data... Published 11 Dec, 2024 08:41pm
Markets Aussie drops after RBA softens tone; US dollar steady before CPI TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on... Published 10 Dec, 2024 09:50am
World US inflation still on ‘bumpy’ path to target: Fed official WASHINGTON: The US remains on track to hit its long-term target of two percent inflation despite a recent “bump” in... Published 02 Dec, 2024 10:49pm
Business & Finance Indonesia’s headline inflation eases to 1.55% in Nov JAKARTA: Indonesia’s annual inflation rate was 1.55% in November, official data showed on Monday, easing from 1.71%... Published 02 Dec, 2024 11:25am
Business & Finance Fed’s favoured inflation gauge ticks up in October WASHINGTON: US inflation — set to be a key issue for incoming president Donald Trump — accelerated slightly last... Published 28 Nov, 2024 05:45am
Markets Gold trades in tight range ahead of US inflation data Gold prices flitted within a narrow range on Wednesday as investors awaited key US inflation data for insights into... Published 27 Nov, 2024 12:20pm
Markets Dollar underpinned before US inflation data, Fed speakers SYDNEY: The dollar edged higher on Monday as markets braced for US inflation data and a throng of Federal Reserve... Published 11 Nov, 2024 10:08am
Markets German 10-year yields hit fresh one-month high after Fed minutes, before data German 10-year yields hit a fresh one-month high on Thursday, tracking moves in US Treasuries after the Federal... Published 10 Oct, 2024 11:54am
Markets STOXX 600 closes higher with focus on interest rate cuts PARIS: European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors... Published 10 Oct, 2024 03:03am
Business & Finance Indonesian inflation at 1.84% in September, lowest rate since 2021 JAKARTA: Indonesian prices rose at their slowest rate in almost three years in September as the pace of food-price... Published 01 Oct, 2024 11:02am
World US Fed Chair sees ‘further disinflation’ in economy WASHINGTON: The United States is set to see inflation cool further towards policymakers’ target, Federal Reserve... Published 01 Oct, 2024 12:23am
World Fed cuts rates by half a percentage point, cites ‘greater confidence’ about inflation Fed had held policy rate in the 5.25%-5.50% range since July of 2023 as inflation fell from a 40-year high to a level that is now approaching the central bank's target Updated 19 Sep, 2024 12:23am