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HONG KONG (AFP): Asian markets tumbled Monday (June 21) on growing expectations the Federal Reserve will begin lifting interest rates as early as next year as it looks to prevent the economic recovery from overheating.
WASHINGTON/LONDON Wall Street was broadly under pressure on Thursday and European shares fell for the first time in two weeks on hawkish signals from the U.S. Federal Reserve, even as U.S. technology stocks notched gains.
WASHINGTON: Global stock markets were mixed on Monday, U.S. Treasury yields ticked up and gold slid as investors prepared themselves for an upcoming Federal Reserve meeting and any clues on the trajectory of its unprecedented monetary stimulus.
PETALING JAYA: Many business owners in the country say that they cannot go through an extension of the lockdown, as further periods without income means that they may go bust.
HONG KONG (AFP): Markets fluctuated in Asia on Tuesday (June 8) as investors awaited the release of key US inflation data later in the week, with another strong reading likely adding pressure on the Federal Reserve to begin reconsidering its ultra-loose monetary policy.
IT HAS been a year and a half since the Covid-19 pandemic reared its ugly head.
CENTRAL bankers around the world are mulling the future of their massive bond-buying programmes in a post-pandemic world, knowing that with big balance sheets come big expectations.
Sales of ETFs to begin, followed by corporate bonds
WASHINGTON: Global equities set both an intraday high and record close on Tuesday as markets as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation while Wall Street's main indexes wavered before ending little changed.
Ummi Kalthum Junid uses onion peel, potato skin and beetroot to colour fabrics which are then turned into decorative works of art.