Dollar hits 150 yen then dips on intervention jitters NEW YORK: The dollar touched the closely watched 150 level against the yen on Friday after the benchmark 10-year... Published 21 Oct, 2023 06:05am
World US inflation is ‘still too high’: Fed Chair Powell WASHINGTON: US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 20 Oct, 2023 05:17am
Business & Finance Asia currencies down as Middle East jitters BENGALURU: Indonesia’s rupiah led declines in emerging Asian currencies on Thursday, while Malaysia’s ringgit... Published 20 Oct, 2023 05:17am
World US inflation is 'still too high': Fed Chair Powell WASHINGTON: US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said... Published 19 Oct, 2023 11:17pm
Markets Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears NEW YORK: Some investors are increasing exposure to longer term US Treasuries in the midst of a historic sell-off,... Published 19 Oct, 2023 10:22am
Markets Dollar holds near 150 yen ahead of Fed Chair remarks TOKYO: The dollar held the yen near a two-week low, as growing expectations the US Federal Reserve will keep rates... Published 19 Oct, 2023 09:59am
Markets Barclays now expects US Fed rate hike in December Barclays forecasts the US Federal Reserve delivering a 25-basis-point hike in December, compared to a prior rate... Published 19 Oct, 2023 09:39am
Markets Tokyo stocks close slightly higher TOKYO: Tokyo stocks ended flat Wednesday as investors weighed developments in the Middle East and US data that... Published 19 Oct, 2023 05:10am
Business & Finance Dollar gains against euro, Middle East in focus NEW YORK: The dollar rose against the euro on Wednesday before several Federal Reserve officials were due to speak... Published 19 Oct, 2023 05:10am
Markets Arabica coffee, cocoa gain NEW YORK: Arabica coffee futures on ICE ended the week with a net gain of 6% after a strong advance on Friday when... Published 15 Oct, 2023 03:19am
Business & Finance Most Asian currencies edge higher BENGALURU: Most Asian currencies and equities edged higher on Thursday, as minutes of the US Federal Reserve’s ... Published 13 Oct, 2023 05:50am
Business & Finance Yuan slips despite state boosting bank stakes SHANGHAI: China’s yuan weakened against the dollar on Thursday, even as state investor Huijin increased stakes in... Published 13 Oct, 2023 05:50am
Markets China stocks close up on stimulus hopes SHANGHAI: China stocks closed up on Wednesday, tracking global markets on a dovish tone from US Federal Reserve... Published 12 Oct, 2023 05:57am
Markets Asian FX gain on dovish Fed comments BENGALURU: Most Asian emerging market currencies and equities gained on Wednesday as dovish remarks by Federal... Published 12 Oct, 2023 05:57am
Business & Finance Dollar slips on underlying moderate PPI data NEW YORK: The dollar slid on Wednesday after hotter-than-expected data on US producer prices showed underlying... Published 12 Oct, 2023 05:57am
Markets China stocks dip on Middle East concerns; HK gains HONG KONG: Chinese stocks declined on Tuesday as investors rushed to sell companies with exposure to the Middle ... Published 11 Oct, 2023 03:10am
Markets European stocks mark best day in nearly a year PARIS: European stocks rebounded sharply on Tuesday as dovish comments from US Federal Reserve and European Central... Published 11 Oct, 2023 03:10am
Markets Wall Street gains as Fed officials strike dovish tone NEW YORK: The S&P 500 and the Nasdaq touched three-week highs on Tuesday as dovish comments from US Federal... Published 11 Oct, 2023 03:10am
Business & Finance Asian currencies edge lower on caution on ME conflict BENGALURU: Most Asian emerging market currencies edged lower on Tuesday as the conflict in the Middle East and high... Published 11 Oct, 2023 03:09am
Business & Finance Fed should proceed ‘carefully’ on rate hikes: officials WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates... Published 10 Oct, 2023 06:19am
Business & Finance US dollar set for 12th weekly gain after blowout jobs number NEW YORK: The dollar gained on Friday, headed for a 12th straight week of gains, after a blockbuster US jobs report... Published 07 Oct, 2023 06:01am
Markets Gold pauses declines as investors hold breath for US payrolls report Gold edged up from seven-month lows on Friday, as the US dollar and bond yields took a breather after scaling new... Published 06 Oct, 2023 10:24am
Markets European shares fall 1pc as bond yields surge PARIS: European shares sank to fresh six-month lows on Tuesday, dragged lower by rate-sensitive utilities and miners... Published 04 Oct, 2023 06:20am
Markets Japanese rubber futures lower SINGAPORE: Japanese rubber futures recorded their biggest dip since April on Tuesday amid sliding Asian stocks and a... Published 04 Oct, 2023 06:20am
Business & Finance Asian currencies hit multi-month lows BENGALURU: Asian emerging market currencies bore the brunt of a strong dollar on Tuesday, with most trading at... Published 04 Oct, 2023 06:20am
Markets Oil prices fall NEW YORK: Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the US... Published 03 Oct, 2023 06:02am
Business & Finance Dollar climbs to near 150 vs yen after US shutdown avoided NEW YORK: The dollar index climbed on Monday, building on four straight weeks of gains after the US government... Published 03 Oct, 2023 06:02am
Markets Sterling on back foot again after September slump LONDON: The pound fell slightly on Monday, continuing a weak run that saw it drop 3.7% in September - its worst... Published 02 Oct, 2023 03:01pm
Markets Oil prices ease 1pc on profit taking NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ... Published 29 Sep, 2023 06:24am
Markets Most Gulf shares drop in early trade, Saudi gains Most stock markets in the Gulf were down in early trade on Wednesday as worries over higher interest rates by the US... Published 27 Sep, 2023 04:25pm