G7 to make $50 bn Ukraine loan available by year-end: Yellen WASHINGTON: G7 nations are committed to making $50 billion in lending available to Ukraine by year-end, US Treasury... Published 24 Oct, 2024 01:55am
World US imposes sanctions targeting Houthi, Hezbollah trade, says Treasury Dept WASHINGTON: The United States on Thursday issued more sanctions targeting Houthi and Hezbollah trade networks, the ... Published 16 Aug, 2024 06:56am
Markets Wall Street Week Ahead: Jobs, inflation data may break the US Treasury market out of narrow range NEW YORK: A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome... Published 01 Jul, 2024 07:01am
Markets Iran using Malaysian providers to bust oil sanctions: US SINGAPORE: Iran has relied on Malaysian service providers to get around international sanctions and sell its oil in... Published 08 May, 2024 06:43am
World US imposes sanctions on Iran-backed network funding Yemen’s Houthis WASHINGTON: The United States imposed sanctions on Thursday on 13 individuals and entities for allegedly funneling... Published 07 Dec, 2023 11:04pm
Business & Finance Moscow Exchange would halt USD trading if sanctions imposed MOSCOW: Moscow Exchange, Russia’s largest bourse, said on Tuesday it would halt trading in the US dollar should... Published 06 Dec, 2023 04:27am
Markets Gold subdued as yields rise, spotlight shifts to US economic NEW YORK: Gold prices eased on Monday as US 10-year Treasury yields advanced higher, while investors kept a tab on... Published 24 Oct, 2023 05:05am
Business & Finance Asian currencies slip as Mideast worries dampen sentiment BENGALURU: The Malaysian ringgit and Indonesian rupiah led declines among Asian currencies on Monday, as fears that... Published 24 Oct, 2023 05:05am
Markets European stocks rebound PARIS: European shares ended higher on Thursday after a three-day sell-off as both US Treasury and euro zone bond... Published 06 Oct, 2023 03:03am
Markets Asian FX, equities gain footing as US Treasury yields ease BENGALURU: Asian emerging market currencies and equities edged higher on Thursday as dollar retreated and US ... Published 06 Oct, 2023 03:03am
Markets Wall Street falls after jobs data NEW YORK: Wall Street’s main indexes dropped on Thursday as recent data pointed to still-tight labor market... Published 06 Oct, 2023 03:03am
Markets Asian FX extend selloff as interest rate woes weigh SINGAPORE: Most emerging Asian currencies depreciated for the third straight session on Wednesday as market... Published 05 Oct, 2023 06:23am
Markets Wall St gains after fresh jobs data NEW YORK: Wall Street’s main indexes rose on Wednesday after fresh data pointed to a cooling labor market, while a... Published 05 Oct, 2023 06:23am
Markets Wall Street dips as Treasury yields resume uptrend NEW YORK: Wall Street’s main indexes slipped in choppy trading on Wednesday as Treasury yields rose modestly, ... Published 28 Sep, 2023 05:33am
World US imposes sanctions on Iranian drone procurement network WASHINGTON: The United States on Wednesday placed sanctions on entities and people based in China, Turkey, the ... Published 28 Sep, 2023 01:04am
Markets Higher yields weigh on European shares PARIS: European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks... Published 27 Sep, 2023 06:08am
Business & Finance Yen hits 11-month low against dollar NEW YORK: The dollar hit an 11-month high against the Japanese yen on Monday and an almost 10-month high against a... Published 26 Sep, 2023 06:33am
Opinion Immovable fixed asset valuation and equity formation We know the influence the IMF brings to bear on central bankers and policy makers in the developing world and we ... Published 21 Sep, 2023 07:02am
Markets Wall St slips as rising Treasury yields weigh NEW YORK: Wall Street’s main indexes fell in choppy trade on Tuesday, pressured by a rise in Treasury yields as... Published 06 Sep, 2023 03:37am
Business & Finance Yellen ‘eager’ to work with China on debt, other global challenges GANDHINAGAR, India): US Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on... Published 17 Jul, 2023 03:47am
World Yellen sees ‘progress’ in rocky US-China ties BEIJING: US Treasury Secretary Janet Yellen said 10 hours of meetings with senior Chinese officials in recent days... Published 10 Jul, 2023 06:52am
Markets Wall St slides as labour data stokes rate hike fears NEW YORK: Wall Street tumbled on Thursday, pressured by a jump in US treasury yields after data signaling a ... Published 07 Jul, 2023 05:24am
Markets Japan’s 10-year bond yield rises to track US Treasury peers higher TOKYO: Japan’s 10-year bond yield rose on Wednesday, tracking US Treasury yields overnight higher, while yields on... Published 14 Jun, 2023 12:53pm
Business & Finance Yellen says more US bank consolidation is possible WASHINGTON: US Treasury Secretary Janet Yellen said Wednesday it would not be surprising to see further ... Published 12 Jun, 2023 06:26am
World US Treasury official meets with China’s new envoy WASHINGTON: US Treasury Undersecretary Jay Shambaugh met on Friday with China’s new ambassador to the United... Published 05 Jun, 2023 03:27am
Business & Finance Treasuries: Yields inch up slightly after First Republic asset sale WASHINGTON: US Treasury yields opened higher on Monday after JPMorgan announced that it would buy most of First... Published 02 May, 2023 05:59am
Business & Finance Debt limit action should be ‘without conditions’: Yellen WASHINGTON: A US debt default would trigger an “economic and financial catastrophe,” Treasury Secretary Janet... Published 26 Apr, 2023 06:15am
Business & Finance Dollar firms as US yields rise NEW YORK: The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against ... Published 20 Apr, 2023 06:30am
Business & Finance World Bank members endorse moves to boost lending by $50bn over decade WASHINGTON: World Bank member countries have endorsed measures allowing a $50 billion lending boost over the next... Published 14 Apr, 2023 05:59am
World Yellen says vigilant to downside risks given war in Ukraine, banking pressures WASHINGTON: US Treasury Secretary Janet Yellen said she remained vigilant to downside risks facing the global... Published 12 Apr, 2023 06:11am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points