BOJ to keep ultra-low rates, may debate fine-tuning yield cap TOKYO: As aggressive US interest rate hikes look like they might be nearing an end, Japan’s central bank faces its... Published 27 Jul, 2023 11:13am
Markets Oil prices up 2% to 10-week high on weaker US dollar, rising demand forecasts NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling U.S. dollar, hopes for... Updated 11 Jul, 2023 09:52pm
Markets Oil falls 4% to five-week low on US default worries, weak economic data NEW YORK: Oil prices sank 4% to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about... Updated 02 May, 2023 11:13pm
Markets Asian nations to debate Japan’s bid to beef up market safeguards TOKYO: Asian finance leaders gathering in South Korea next week will likely debate ways to beef up safeguards... Published 28 Apr, 2023 10:00am
Markets Aluminium falls on economic slowdown LONDON: Aluminium prices were set to end the week around 4% lower as fears of rapid US interest rate hikes dampened... Published 24 Oct, 2022 06:43am
Markets PKR fares relatively better KARACHI: The rupee fared relatively better after the US Federal Reserve announced raising the key interest rate... Published 26 Sep, 2022 06:07am
Markets Gold sinks to more than 2-year low BENGALURU: Gold prices fell more than 1% to their lowest since April 2020 on Friday as a cocktail of factors from a... Published 26 Sep, 2022 06:07am
Business & Finance Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates TOKYO: Japan intervened in the foreign exchange market on Thursday to buy yen for the first time since 1998, in an... Updated 23 Sep, 2022 05:41pm
Print Oil slumps nearly 3pc NEW YORK: Oil prices tumbled about 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could... Published 23 Jun, 2022 06:05am
Business & Finance Australia, NZ dollars below week’s highs SYDNEY: The Australian and New Zealand dollars looked deflated on Friday, having been dragged from multi-month peaks... Published 11 Apr, 2022 06:40am